Mt. Gox Has Halted Trading... Right In The Middle Of An Unconfirmed Crisis
Reddit is currently aflame with the news that everyone's favorite Bitcoin Exchange: Mt. Gox, has disabled trading. Couple that atrocious situation with a blank twitter feed and it is no wonder that peoples' imaginations will run wild. One of the only things we know for certain is thatMark Karpeles has resigned from the Bitcoin Foundation amid large public uproar. The other thing we know is that trading is disabled and market volatility until this thing gets sorted out is also a given. UPDATES: Coinbase posted a blogpost detailing a Joint Statement Regarding Mt. Gox with Circle, Kraken,....
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Tokyo-based Mt. Gox has seemingly gone silent. With user reports that trading has been disabled (see this thread on Reddit), a joint statement that originally declared the company's insolvency (but was edited later to remove the word "insolvency"), and the fact the website is offline, the community is abuzz with theories and speculation - none of which are particularly optimistic. But the overwhelming consensus is that the beast has fallen. We can't confirm this independently, but whatever is going on at Mt. Gox definitely isn't good. Earlier this evening, The Two-Bit Idiot published an....
The only viable way to bypass this backlog is for users to spend a higher transaction fee. However, that is not the "pushy" direction in which Bitcoin should evolve by any means. The past 24 hours have been somewhat turbulent for the Bitcoin ecosystem. With the number of unconfirmed transactions surpassing the 43,500 mark just over a day ago, things weren’t looking great. But it looks like the mempool is showing signs of a desperately needed decline in unconfirmed transfers. Another stark warning that the scalability of Bitcoin needs to be addressed today rather than tomorrow. It....
When at least three miners do not confirm the Bitcoin transaction, it remains unconfirmed and unconfirmed transactions can be canceled. What happens if you send Bitcoin to an Ethereum address?Technically, you cannot send BTC or Ether (ETH) from a Bitcoin wallet to an Ethereum wallet. Most wallets will warn you if you try to send Bitcoin to an Ethereum wallet or ETH directly to a Bitcoin wallet.Bitcoin transmitted to Ethereum wallets is frequently lost and unrecoverable. Before sending BTC, ETH or any other cryptocurrency, make sure the destination address is correct. Otherwise, you risk....
Lately, there have been issues with unconfirmed transactions in the Bitcoin world. One experience I had dealing with this problem was on February 29th as I waited three days for a large sum transaction to confirm. This is the longest I’ve had to wait for confirmation. However, quite a bit of the time since then, most of my transactions have taken longer....
In an announcement posted on the Havelock Investments website, it would appear as if the trading of the Neo & Bee fund has been halted. Transfers have also been halted. Here's what the announcement read in full: Havelock Investments has been formally informed by the Pass-Through Fund Manager of NEOBEE that the compliance officer of Neo and Bee Ltd has stated that due to an increase of abnormal activity on the LMB share platform, there may be a high possibility of questionable trading activity. While Neo and Bee Ltd investigate the issue further they have strongly recommended that we halt....