15 Feb '14, 11am

Mt. Gox Announces Downtime for Bitcoin Deposits

Mt. Gox has stopped bitcoin deposits and all internal bitcoin transfers for a short site maintenance update, roughly from 6pm to 12am Japan time on 15th February. According to a notice posted on Gox’s News page, the downtime is part of its implementation of a solution to the ‘transaction malleability ‘ issue that has seen the exchange halt all external bitcoin withdrawals and face criticism from some sectors of the bitcoin economy. The downtime probably won’t affect too many users. With Mt. Gox’s bitcoin price now hovering around the $342 mark (at least $300 below the CoinDesk BPI ) and the exact situation regarding bitcoin withdrawals still unknown, it’s not very likely people are trying to move coins into the exchange right now. Internal transfers can probably also wait a short while. The announcement continued that the 6-hour timeframe was approximate only, and could be...

Full article: http://www.coindesk.com/mt-gox-announces-downtime-bitcoin...

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