Sunday, February 23, 2014

Mt Gox Appears to be Testing Bitcoin Withdrawals

Signs on the blockchain indicate that Mt Gox has processed a small number of external transactions yesterday for the first time since suspending customer withdrawals earlier this month, reports Altcoin Press.

By using the MtGox API and blockchain forensics, a Reddit reader has uncovered evidence that some transactions have started to be processed. Plus there are reports that users are beginning to receive their previously requested bitcoins.

On this news. the price of bitcoins are up on the Mt Gox exchange to $293.16, which is still considerably lower than the price of the e-coins on other exchanges, where they are trading in the $625 range.

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