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Report: Fortress Offers to Buy Mt. Gox Bitcoin Claims at $900 a Piece

Fortress Investment Group has reportedly sent out an email offering to buy Mt. Gox creditors’ bitcoin claims for $900 per bitcoin. Fortress Investment Group is buying bitcoin (BTC) claims from Mt. Gox creditors, according to a report by CoinDesk on July 8.The Japan-based cryptocurrency exchange Mt. Gox filed for bankruptcy in 2014 after losing $473 […]

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Report: Prosecutors Drop Appeal Against Mt. Gox CEO’s Embezzlement Acquittal

Japanese prosecutors have reportedly dropped plans to appeal the embezzlement acquittal of former Mt. Gox CEO Mark Karpeles. Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29.On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was acquitted […]

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Hodler’s Digest, February 4–10: Top Stories, Price Movements, Quotes and FUD of the Week

The mystery around embattled crypto exchange QuadrigaCX deepens, and Facebook acquires a blockchain startup. Top Stories This Week Facebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or […]