Former Mt Gox CEO Will Assume Position as CTO at New Blockchain Firm

The former CEO of the defunct exchange Mt. Gox, Mark Karpeles, will be operating as chief technology officer for a new blockchain technology company registered in Japan. According to Japanese daily newspaper The Mainchi, Karpeles declared today in his speech at the Foreign Correspondents’ Club of Japan, that he intends to make Japan a blockchain hub by assuming the role […]

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Former Mt Gox CEO Karpeles Launches Startup to Build a Blockchain OS

Mark Karpeles has revealed he’s “starting from zero” with a new blockchain project soon after escaping most charges in a court case over the collapse of bitcoin exchange Mt. Gox. Talking to reporters at the Foreign Correspondents Club of Japan on Wednesday, The Mainichi reports, Karpeles said his new startup will develop a secure operating system based on blockchain that will […]

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Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays Proceedings

On April 25, the Mt. Gox civil rehabilitation trustee Nobuaki Kobayashi published a new announcement concerning the deadline for the rehabilitation plan. According to the letter sent to Mt. Gox creditors, Kobayashi has delayed the proceedings for another six months due to “undetermined” claims. Following the announcement, bitcoin security specialists Wizsec published a scathing critique of the Coinlab claim for […]

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Mt Gox Trustee Extends Deadline to File Rehabilitation Plan

A looming deadline for the trustee of Mt Gox to file a civil rehabilitation plan has been pushed to the end of October, an update posted to the defunct bitcoin exchange’s website said Thursday. Nobuaki Kobayashi, the trustee, said in the update that though he originally intended to file a plan by April 26, he needs more time due to the […]

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The Biggest Crypto Programming Errors in History

Blockchain programmers scrutinize and test their code numerous times before they implement them on their platform. But to err is human, and since programming is done by them, mistakes also happen. But some of these mistakes can have a large impact on the crypto community. One small error can lead to the loss of millions of dollars or complete chaos […]

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Mt Gox Ex-CEO Likely to Spend Next 10 Years Behind Bars

Photo: fastcoin99 / Flickr The head of the collapsed cryptocurrency exchange Mt. Gox, Mark Karpeles, may be sentenced to ten years in jail, officials announced on Wednesday. As Nikkei Asian Review reported, Japanese prosecutors want a 10-year sentence for Karpeles on charges of embezzlement, data manipulation, and breach of trust. During a hearing at the Tokyo District Court on Wednesday, […]

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10 Days That Shook the World of Bitcoin

When Bitcoin’s history is written, the following events will command a chapter apiece. Bitcoin is a creeping revolution that does not lend itself to listicles, and thus any such attempt is destined to fall short. What follows, therefore, is a potted history of a transformative technology whose greatest moments have yet to come. In chronological order, these are the days […]

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Mt.Gox Creditor: Payouts May "Completely Crash The Market"

Ethereum World News – Ethereum & Bitcoin Blockchain News Mt.Gox Creditor: Payouts May “Completely Crash The Market” Research: 920k Servers Can Be Infected By “Wannamine” Cryptojacker Gemini To Introduce Litecoin Support, LTC Surges Bitcoin (BTC) Price Analysis: Slow and Steady Does It Gemini To Introduce Litecoin Support, LTC Surges Crypto Market Remains A Mixed Bag — “The Selloff Is Overdone” […]

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