MtGox finally presented a draft recovery plan, which promises to return all lost crypto, especially Bitcoin.
MtGox finally has a plan
For those who do not know the case or do not remember very well, in 2010 a crypto exchange called MtGox was launched and, after 4 years offering services, it was able to consolidate itself as one of the largest Bitcoin exchange platforms in the world.
In fact, to get an idea of the power of the crypto exchange, MtGox managed to handle around 70% of all transactions that are made with Bitcoin.
However, on the cusp of its success, the company began to have problems and they claimed that more than 850,000 Bitcoins had been hacked from their accounts and, therefore, they suspended the services.
The case of MtGox is one of the most complex that exists in the crypto market, so much so that, after 6 years of the event, little progress has been made.
One of the few advances was announced today with the launch of a plan, which ensures that the Tokyo District Court and an examiner will review the draft plan and determine whether to proceed with the corresponding procedures.
Therefore, this offers light at the end of the tunnel since, if approved, it means that MtGox users could soon get their money back.
Europe receives first crypto cards from Binance
One of the largest crypto exchanges, Binance, ad today it started sending its Visa crypto cards to customers in the European Economic Area.
In this way, all users in the European space who have requested their Visa crypto card will soon be about to receive it. In addition, it is relevant to know that they can spend up to € 8,700 and withdraw up to € 290 at ATMs per day.
And you? Have you already ordered your crypto card? Would you do it? We want to know your opinion!
Will the leading crypto reach $ 50,000 or not? What side are you on?
As we reported today on CryptoTrend, Genisis Mining published the findings of a survey of 1,000 Bitcoin investors.
Specifically, more than half of those surveyed believe that Bitcoin will manage to beat gold, real estate and the stock market over the next 5 to 10 years.
However, despite being optimistic about its adoption, they were not so optimistic about its valuation. 83% do not see it possible for the leading crypto to exceed $ 50,000 by 2030.
The opinion of 83% of those surveyed contrasts with the opinion of Robert Kiyosaki, author of the famous book “Rich Dad, Poor Dad.” Kiyosaki assures that as close as 2021 the leading crypto will reach $ 50,000.
So, tell us! Which side are you on?
In a few lines …
- MicroStrategy has made a profit of more than $ 300 million thanks to its crypto investment in Bitcoin.
- SBI Financial Services acquired crypto exchange B2C2 in line with its crypto plans.
- More than 163,000 ETH has been staked by Kraken clients through its crypto stake service for Ethereum 2.0.