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07-12 07:33 - 'The First IP Associated With Bitcoin Exchange MtGox Was Owned By THE DEPARTMENT OF HOMELAND SECURITY' (twitter.com) by /u/Greentoboggan removed from /r/Bitcoin within 317-327min

The First IP Associated With Bitcoin Exchange MtGox Was Owned By THE DEPARTMENT OF HOMELAND SECURITY
Go1dfish undelete link
unreddit undelete link
Author: Greentoboggan
submitted by removalbot to removalbot [link] [comments]

Japanese prosecutors seek 10 years jail time for former bitcoin exchange MtGox's CEO on embezzlement charges

Japanese prosecutors seek 10 years jail time for former bitcoin exchange MtGox's CEO on embezzlement charges submitted by rotoreuters to betternews [link] [comments]

Former Hacked Bitcoin Exchange MtGox CEO is appointed CTO of a crypto currency company

Former Hacked Bitcoin Exchange MtGox CEO is appointed CTO of a crypto currency company submitted by MemoryDealers to technology [link] [comments]

[World] - Japanese prosecutors seek 10 years jail time for former bitcoin exchange MtGox's CEO on embezzlement charges | South China Morning Post

[World] - Japanese prosecutors seek 10 years jail time for former bitcoin exchange MtGox's CEO on embezzlement charges | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[World] - Japanese prosecutors seek 10 years jail time for former bitcoin exchange MtGox's CEO on embezzlement charges

[World] - Japanese prosecutors seek 10 years jail time for former bitcoin exchange MtGox's CEO on embezzlement charges submitted by AutoNewsAdmin to SCMPauto [link] [comments]

CEO of bitcoin exchange MtGox CEO pleads not guilty to embezzlement

CEO of bitcoin exchange MtGox CEO pleads not guilty to embezzlement submitted by idlestabilizer to mtgoxinsolvency [link] [comments]

Failed Bitcoin exchange MtGox says it has found 200,000 coins worth $US116 million ($127 million) in an old "digital wallet".

submitted by davidreiss666 to offbeat [link] [comments]

@AFP: Trial of Mark Karpeles, ex-CEO of collapsed Bitcoin exchange MtGox, starts in Tokyo over 'embezzlement' https://t.co/HPJhORvlbs

@AFP: Trial of Mark Karpeles, ex-CEO of collapsed Bitcoin exchange MtGox, starts in Tokyo over 'embezzlement' https://t.co/HPJhORvlbs submitted by -en- to newsbotbot [link] [comments]

The CEO of collapsed bitcoin exchange MtGox has been arrested in Japan

The CEO of collapsed bitcoin exchange MtGox has been arrested in Japan submitted by BTCNews to BTCNews [link] [comments]

Bitcoin exchange MtGox CEO Mark Karpeles spent embezzled funds on prostitutes

Bitcoin exchange MtGox CEO Mark Karpeles spent embezzled funds on prostitutes submitted by rotoreuters to betternews [link] [comments]

ELI5: what does "bitcoin exchange MTGOX is filing for bankruptcy protection" actually mean?

Hello, I know there's an official thread, but it's old and this all over the news this morning, and I have very little knowledge of bitcoin. MtGox has filed for bankruptcy protection... what does this mean for the whole of bitcoin? What does this mean for people with bitcoin? WHAT DOES THIS MEAN IN GENERAL?
I've googled and googled but I can't find anything in layman's terms.
submitted by helensis_ to explainlikeimfive [link] [comments]

Ex-Bitcoin Exchange MtGox CEO Mark Karpeles Nowhere to Be Found

Ex-Bitcoin Exchange MtGox CEO Mark Karpeles Nowhere to Be Found submitted by blazedforever to Bitcoin [link] [comments]

Founder of Bitcoin exchange MtGox charged with embezzlement

Founder of Bitcoin exchange MtGox charged with embezzlement submitted by HiroJa to DogeNews [link] [comments]

The troublesome history of the bitcoin exchange MtGox

The troublesome history of the bitcoin exchange MtGox submitted by miehv to Bitcoin [link] [comments]

Running on empty: Bitcoin exchange MtGox ‘ran out of cash six months before bankruptcy’

Running on empty: Bitcoin exchange MtGox ‘ran out of cash six months before bankruptcy’ submitted by rotoreuters to betternews [link] [comments]

Bitcoin exchange MtGox offline amid rumours of theft

Bitcoin exchange MtGox offline amid rumours of theft submitted by matts2 to Libertarian [link] [comments]

The Troublesome History Of The Bitcoin Exchange MtGox

The Troublesome History Of The Bitcoin Exchange MtGox submitted by bobarctor01 to Bitcoin [link] [comments]

Top Bitcoin exchange MtGox goes offline! Can Dogecoin show there is stability and security? :)

Top Bitcoin exchange MtGox goes offline! Can Dogecoin show there is stability and security? :) submitted by Verseastyle to dogecoin [link] [comments]

Major Bug Found in Bitcoin Network By Largest & Oldest Bitcoin Exchange MtGox - Bitcoin Foundation Trying To Cover Up

The Bitcoin Foundation is trying to cover up the major bug that was found in Bitcoin's network by the oldest and largest Bitcoin exchange, MtGox. The Bitcoin Foundation claims that there is no such thing, but the fact that MtGox is experiencing major problems linked to this bug, reveals the lies spread by the Bitcoin Foundation.
Negative confirmed news:
MtGox:
ear MtGox Customers and Bitcoiners,
As you are aware, the MtGox team has been working hard to address an issue with the way that bitcoin withdrawals are processed. By "bitcoin withdrawal" we are referring to transactions from a MtGox bitcoin wallet to an external bitcoin address. Bitcoin transactions to any MtGox bitcoin address, and currency withdrawals (Yen, Euro, etc) are not affected by this issue.
The problem we have identified is not limited to MtGox, and affects all transactions where Bitcoins are being sent to a third party. We believe that the changes required for addressing this issue will be positive over the long term for the whole community. As a result we took the necessary action of suspending bitcoin withdrawals until this technical issue has been resolved.
Addressing Transaction Malleability MtGox has detected unusual activity on its Bitcoin wallets and performed investigations during the past weeks. This confirmed the presence of transactions which need to be examined more closely.
Non-technical Explanation: A bug in the bitcoin software makes it possible for someone to use the Bitcoin network to alter transaction details to make it seem like a sending of bitcoins to a bitcoin wallet did not occur when in fact it did occur. Since the transaction appears as if it has not proceeded correctly, the bitcoins may be resent. MtGox is working with the Bitcoin core development team and others to mitigate this issue.
Technical Explanation: Bitcoin transactions are subject to a design issue that has been largely ignored, while known to at least a part of the Bitcoin core developers and mentioned on the BitcoinTalk forums. This defect, known as "transaction malleability" makes it possible for a third party to alter the hash of any freshly issued transaction without invalidating the signature, hence resulting in a similar transaction under a different hash. Of course only one of the two transactions can be validated. However, if the party who altered the transaction is fast enough, for example with a direct connection to different mining pools, or has even a small amount of mining power, it can easily cause the transaction hash alteration to be committed to the blockchain.
The bitcoin api "sendtoaddress" broadly used to send bitcoins to a given bitcoin address will return a transaction hash as a way to track the transaction's insertion in the blockchain. Most wallet and exchange services will keep a record of this said hash in order to be able to respond to users should they inquire about their transaction. It is likely that these services will assume the transaction was not sent if it doesn't appear in the blockchain with the original hash and have currently no means to recognize the alternative transactions as theirs in an efficient way.
This means that an individual could request bitcoins from an exchange or wallet service, alter the resulting transaction's hash before inclusion in the blockchain, then contact the issuing service while claiming the transaction did not proceed. If the alteration fails, the user can simply send the bitcoins back and try again until successful.
We believe this can be addressed by using a different hash for transaction tracking purposes. While the network will continue to use the current hash for the purpose of inclusion in each block's Merkle Tree, the new hash's purpose will be to track a given transaction and can be computed and indexed by hashing the exact signed string via SHA256 (in the same way transactions are currently hashed).
This new transaction hash will allow signing parties to keep track of any transaction they have signed and can easily be computed, even for past transactions.
We have discussed this solution with the Bitcoin core developers and will allow Bitcoin withdrawals again once it has been approved and standardized.
In the meantime, exchanges and wallet services - and any service sending coins directly to third parties - should be extremely careful with anyone claiming their transaction did not go through.
Note that this will also affect any other crypto-currency using the same transaction scheme as Bitcoin.
Conclusion To put things in perspective, it's important to remember that Bitcoin is a very new technology and still very much in its early stages. What MtGox and the Bitcoin community have experienced in the past year has been an incredible and exciting challenge, and there is still much to do to further improve.
MtGox will resume bitcoin withdrawals to outside wallets once the issue outlined above has been properly addressed in a manner that will best serve our customers.
More information on the status of this issue will be released as soon as possible.
We thank you for taking the time to read this, and especially for your patience.
Best Regards, MtGox Team
Source:
https://www.mtgox.com/press_release_20140210.html
submitted by iPOOPEDonMyBunny to Bitcoin [link] [comments]

Bitcoin exchange MtGox 'faced 150,000 hack attacks every second’

Bitcoin exchange MtGox 'faced 150,000 hack attacks every second’ submitted by Egon_1 to Bitcoin [link] [comments]

THE TROUBLESOME HISTORY OF THE BITCOIN EXCHANGE MTGOX

submitted by yomofos to BTCmarketsCirclejerk [link] [comments]

Feds subpoena Bitcoin exchange MtGox — RT USA

submitted by jose1990 to worldnews [link] [comments]

Mt Gox disappears, future of Bitcoin unknown - YouTube The Mt.Gox Story (Bitcoin Exchange) MtGox Bitcoins to BTC e Bitcoins in 50 seconds MtGox USD to BTC e Bitcoins in 1 minute The Rise and Fall of Mt. Gox: The World's Largest Bitcoin ...

1) Bitcoin is traded on a number of exchanges, however the entire process of buying on one exchange, transferring to another exchange and selling on that second exchange can take on the order of magnitude of 30 minutes(~10 minutes per block verification) if not more. With the volatility of the market, I would definitely not want to hinge a bet that the arbitrage window would still be open that ... Mt. Gox, called "Mount Gox" or simply "Gox", was the most widely used bitcoin currency exchange market from shortly after its inception in 2010 to its insolvency late 2013. The market was closed February 25, 2014 and has since filed for bankruptcy protection in Japan and the United States, after losing 640 thousand bitcoins. The bitcoin community later found out that the exchange was hacked and 850,000 BTC was stolen. Later, Mt Gox CEO Mark Karpeles found 200,000 BTC ($1.3 billion using current exchange rates) in cold ... In February, 2014, it filed for bankruptcy after losing 850,000 Bitcoin in a hack, which would be worth nearly $6 billion at today’s prices. Even at the time it was a substantial amount, worth around $450 million. This resulted in catastrophic losses for the exchange’s users. The exchange was only to recover 200,000 Bitcoin in its vaults ... At the beginning of 2014, Mt Gox, a bitcoin exchange based in Japan, was the largest bitcoin exchange in the world, handling over 70% of all bitcoin transactions worldwide. By the end of February of that year, it was bankrupt. Anyone who was using Mt. Gox lost access to their assets, and it has been a cautionary tale for crypto investors. While the assets weren’t all lost, anything that was ...

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Mt Gox disappears, future of Bitcoin unknown - YouTube

Bitcoin exchange Mt. Gox has disappeared from the internet. The owner cannot be found, and an office in Tokyo is suddenly empty. The owner, Mark Karpeles, re... 3. Transferring 23.23 USD from MtGox to BTC-e via Bitinstant (1.49% fee). 4. Receiving 22.89 USD on BTC-e Bitcoin exchange. 5. Buying new Bitcoins for a price of 11.40 USD/BTC getting 2.0037 BTC ... This is a brief history of the Mt. Gox exchange. Its history, hacks and impact on Bitcoin and the crypto world. Contact me about crypto business ventures at [email protected] Items That I ... This is a walkthrough on how to send some bitcoins over to anyone. The example I use is the Mt. Gox exchange. If you have any questions or comments, don't be shy. For donations ... MtGox USD to BTC-e Bitcoins in 1 minute This video shows the transfer of MtGox USD funds via the integrated Bitinstant functions of BTC-Trader to the BTC-e exchange and purchase of Bitcoins on BTC ...

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