(Bloomberg) -- Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up...
-- Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors.Catering to the Ultra-Rich Is a Booming Business in Australia
Once the world’s biggest Bitcoin exchange, Tokyo-based Mt. Gox was hacked in 2011 and went bankrupt in 2014. Last year, US prosecutors accused two Russian nationals of conspiring with others to break into the exchange’s servers. Tuesday’s movements in Mt. Gox wallets are the first since May 2018, and the fallen platform earlier held about 137,892 Bitcoin, CryptoQuant data shows.
Bitcoin recovered from a deep 2022 bear market by quadrupling since the start of last year, helped by the launch of spot-Bitcoin exchange-traded funds in January. The token reached a record $73,798 in mid-March.In 5 Years, These 2 Stocks Will Be More Valuable Than Apple
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