Mt. Gox: No BTC Withdrawals Until Transaction Maleability Fixed
Mt. Gox Announcement 10 February 2014. In a draft release made available via IRC freenode/#mtgox just now, Mt. Gox states that it will not resume BTC withdrawals to outside addresses until a flaw in the Bitcoin protocol that makes "transaction maleability" possible has been fixed. [edit: official release here]. The news announcement outlines the Transaction Maleability issue and concludes: 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....
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What's going on over at Canadian Bitcoin exchange CAVIRTEX? On Monday, the exchange took to Twitter to announce that bitcoin withdrawals have been disabled. The reason? They needs to refill their hot wallet by bringing in coins from cold storage. Bitcoin withdrawals have been disabled as a result of refilling our hot wallet. Will be fixed shortly. Apologies for the inconvenience. - CAVIRTEX (@CAVIRTEX) October 6, 2014. In another tweet, the company said much the same: "Recent volume has resulted in our hot wallet running dry. We're moving coins from cold storage. Will be fixed shortly.....
CaVirtex, one of the oldest and largest Canadian Bitcoin exchanges, disabled Bitcoin withdrawals yesterday. CaVirtex informed their twitter followers of the inconvenience via tweet. Litecoin withdrawals are still allowed, which leads some to believe that CaVirtex hasn't run with funds and is just experiencing a delay. CaVirtex did not give any specific timeline for when Bitcoin withdrawals would be re-enable, though they did give a reason: Hot wallet top off. Also read: Canada's Largest Bitcoin Exchange Now Accepts Litecoin. An Empty Hot Wallet. @kajjeb Recent volume has resulted in our....
Global US dollar withdrawals have fully resumed at Mt. Gox following a two-week testing period of its new transaction processing system. The exchange said it still managed to process over $1 million worth of withdrawals over the past fortnight, despite having announced a temporary hiatus. "As this required a great deal of manpower and was not a perfect solution, we are quite happy with the progress made despite the conditions," reads the statement from Mt. Gox. The company also used the statement to announce it has formed relationships with a number of new banking partners across the....
Following a very dramatic halt of all withdrawals last week, Mt. Gox has delivered an update on getting money out of the exchange, and for now, it's not exactly looking good for the consumer. "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," the statement reads. "Since the transaction appears as if it has not proceeded correctly, the bitcoins may be resent." Gox says the bug has been "largely ignored", known to at least....
A temporary pause on Bitcoin withdrawals has been imposed on the world’s largest exchange, Binance. Crypto’s Black Monday continues to wreak havoc. Changpeng “CZ” Zhao, CEO of crypto exchange Binance, tweeted that there would be a temporary pause on Bitcoin (BTC) withdrawals.Temporary pause of $BTC withdrawals on #Binance due to a stuck transaction causing a backlog. Should be fixed in ~30 minutes. Will update. Funds are SAFU.— CZ Binance (@cz_binance) June 13, 2022 CZ, who often lends his opinion on projects and the market, regularly tweets on behalf of Binance to his 6.4 million....