Reports are popping up that Alexander Vinnik, head of the popular cryptocurrency exchange BTC-e, has been arrested. So far, the charges of bitcoin-related laundering are vague, but some believe that Vinnik/BTC-e is responsible for the hack and bitcoin theft that caused the demise of Mt. Gox in 2014. BTC-e has been offline for “maintenance” since […]
Posts Tagged ‘mtgox’
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Mt. Gox shuts down
February 25th, 2014 
CryptoBadger Mt. Gox has been offline since late yesterday evening, just a few hours after I wrote that something like this was probably imminent. Most are interpreting the unavailability of Mt. Gox’s website as a sign that they’ve shut down for good, and unfortunately that’s probably a safe bet. CNBC posted a good write-up of the […]
More signs of trouble at Mt. Gox
February 24th, 2014 CryptoBadger Last night, Mark Karpeles (Mt. Gox’s CEO) resigned his position from the board of the Bitcoin foundation. Earlier today, Mt. Gox completely deleted all of their past tweets from their Twitter feed. Karpeles stepping down wasn’t exactly a surprise, as many in the Bitcoin community have been calling for his removal for months. However, his […]
TechCrunch: Is Bitcoin the new Paypal?
February 20th, 2014 CryptoBadger TechCrunch posted an article today comparing Bitcoin to the early Paypal days—when fraud, theft, and technical issues ran rampant. TechCrunch’s headline would probably be a bit more accurate if “Mt. Gox” were substituted in place of “Bitcoin” (and to be fair, the body of the article mostly focuses on the current problems plaguing Gox when […]
Mt. Gox resumes USD withdrawal service
July 4th, 2013 CryptoBadger Mt. Gox has announced that they’ve resumed processing USD withdrawals, via a new transaction backend. There is apparently a backlog for them to work through, so withdrawal requests might still take some time.
Mt. Gox temporarily suspends cash withdrawls
June 20th, 2013 CryptoBadger Mt. Gox today announced that they’re temporarily suspending USD cash withdrawals, due to their existing processes being unable to adequately accommodate increasing activity. Mt. Gox expects withdrawals to be unavailable for about 2 weeks, during which time they’ll be working to increase capacity. Deposits, transfers, and withdrawal requests for currency other than USD are not […]
Beware of fake Mt. Gox phishing sites
June 6th, 2013 CryptoBadger Recently, a host of phishing sites that spoof the look of Mt. Gox have been showing up in ads from major advertising providers. The operators of these scam sites aim to trick visitors into downloading malware which enables them to steal your Mt. Gox login credentials, so they can then pilfer your account. Nelp Net […]
Department of Homeland Security orders Dwolla to stop processing payments from Mt. Gox
May 14th, 2013 CryptoBadger Users on Reddit and the bitcointalk.org forums are reporting receiving emails from Dwolla stating that they are no longer allowed to process payments associated with Mt. Gox, due to a court order from the US Department of Homeland security. The Mt. Gox / Dwolla combination has been the most convenient (and cheapest) way for most […]
Coinlab sues Mt. Gox for $75 million
May 3rd, 2013 CryptoBadger If you’re wondering what’s going on with the price of digital currencies over the past day or so, this lawsuit between two of the biggest players in the bitcoin arena is likely to blame. From the Gawker article: The Coinlab-Mt. Gox juggernaut was supposed to bring a new level of service, along with the legitimacy […]
Mt. Gox adding support for Litecoin “soon”
April 24th, 2013 CryptoBadger Mt. Gox, the world’s largest bitcoin exchange, released a statement today regarding their handling of the recent DDoS attack that caused their site to be unavailable for several hours. Buried in the “Recent Frequently Asked Questions” portion of the release is this interesting tidbit: “When will you be adding Litecoin (LTC) to Mt. Gox?” : […]
