Mt. Gox to shut down tomorrow

The operator of one of the world’s largest Bitcoin exchanges is scheduled to close its doors on January 31, the day after the bitcoin price rises.The announcement comes as the bitcoin value has risen in recent weeks to reach $US9,000, the highest it has been in more than two weeks.Mt.Gox has been under a massive…

Published by admin inOctober 21, 2021
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The operator of one of the world’s largest Bitcoin exchanges is scheduled to close its doors on January 31, the day after the bitcoin price rises.

The announcement comes as the bitcoin value has risen in recent weeks to reach $US9,000, the highest it has been in more than two weeks.

Mt.

Gox has been under a massive cyberattack that has caused many of its services to go offline, and its customers have lost access to their funds.

The firm said in a statement on its website on Friday that it was closing its doors to “immediately”.

The announcement of Mt.gox’s closure follows a week of volatility in the bitcoin market.

On Tuesday, bitcoin prices briefly soared to a record $US1,800 ($1,746) per coin before falling back to $US150 per coin.

However, prices rebounded to around $US300 a coin by Thursday afternoon.

The company, which was founded in 2004, had not reported any losses in the first nine months of this year.

In a blog post, Mt.

Sox said that the company was “satisfied with our position in the Bitcoin community” and that it would continue to “support the ecosystem”.

“We are not planning to re-open at this time,” it added.

The Mt.

Sox statement also said that it planned to “continue to build our platform” and “ensure the continued growth of the bitcoin ecosystem”.

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