17 February 2014

Mt. Gox: Bitcoin Withdrawals Will Resume Soon

Mt. Gox has issued an official statement saying it has found a workaround for its bitcoin transaction malleability problems, which will see bitcoin withdrawals resume “soon”. This comes after the team worked over the weekend to begin implementation of a new transaction system.


It said the workaround was “thanks to our friends at Blockchain.info“. As expected, when withdrawals recommence they will do so “at a moderated pace and with new daily/monthly limits in place” to prevent a run that could put too much strain on the company’s resources.


The statement said:


Continue reading at CoinDesk


February 17, 2014 at 11:34AM