Defiant

The first payouts have begun according to onchain data, although the timeline for when coins will be distributed to investors remains unclear.Defunct Bitcoin exchange Mt. Gox has been causing waves in the market as firms and individuals…

Mt. Gox distributed $148.4 million to creditors via the Bitbank exchange.Crypto markets continue to crash, with investors fearing an influx of heavy selling pressure from Mt. Gox creditors and the German government.The combined…

The price of Bitcoin hashrate is also at the lowest it's been in more than four years.Bitcoin miners’ resilience is being tested as the network's halving takes a bite out of their bottom lines.Inefficient miners are switching off after…

The news coincides with miners offloading $2 billion worth of BTC in June so far.Billions of dollars worth of Bitcoin earmarked for Mt. Gox creditors may soon enter the markets.On June 24, Mt. Gox, the pioneering and now-defunct Bitcoin…