17 Feb '14, 2pm

Bitcoin Exchange MtGox Says Withdrawals Will Resume Soon, But At A Limited Pace

Bitcoin Exchange MtGox Says Withdrawals Will Resume Soon, But At A Limited Pace

In somewhat good news, Bitcoin exchange MtGox has announced that users will soon be able to make withdrawals again. "We apologize for the inconvenience caused by the recent suspension of external bitcoin transfers," they said in a statement on Monday. "Fortunately, as we announced on Saturday we have now implemented a solution that should enable withdrawals and mitigate any issues caused by transaction malleability." "With this new system in place, MtGox should be able to resume withdrawals soon. At the beginning we will do so at a moderated pace and with new daily/monthly limits in place to prevent any problems with the new system and to take into account current market conditions." MtGox halted withdrawals after it discovered an exploitable glitch in its software. "Thanks to our friends at Blockchain.info, MtGox now has a workaround that will use a unique identifier crea...

Full article: http://www.businessinsider.com/mtgox-bitcoin-withdrawals-...

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Mt. Gox: Bitcoin Withdrawals Will Resume Soon

Mt. Gox: Bitcoin Withdrawals Will Resume Soon

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