Mt. Gox “temporarily pause on all withdrawal requests”
This a warning sign for me !
Dear MtGox Customers,
In our efforts to resolve the issue being encountered by various bitcoin withdrawals, it was determined that the increase in the flow of withdrawal requests has hindered our efforts on a technical level. To understand the issue thoroughly, the system needs to be in a static state.
In order for our team to resolve the withdrawal issue it is necessary for a temporarily pause on all withdrawal requests to obtain a clear technical view of the current processes.
We apologize for the sudden short notice. All bitcoin withdrawal requests will be on pause, and the withdrawals in the system will be returned to your MtGox wallet and can be reinitiated once the issue is resolved. The trading platform will perform as usual for the needs of our customers.
Our team will resolve this problem as soon as possible and will provide an update on Monday, February 10, 2014 (JST).
We deeply apologize for the inconvenience caused, and thank you for your kind support and considerations.
Sincerely,
The MtGox Team
Related Posts
- 10000While Sweden’s large mining-equipment companies are suffering from low demand, another type of mining there has struck gold. Sweden’s KnC Miner—a company that makes powerful computers solely built to create bitcoins—Thursday said it is establishing a huge data center in Boden in the northernmost part of the Scandinavian nation to…
- 10000Read what @johngapper write in @ft Bitcoin is being forced to grow up fast. The arrest last week on money laundering charges of Charlie Shrem, a leading Bitcoin champion, coincided with a regulatory hearing in New York to consider what on earth it is – a virtual currency, speculative asset or…
- 70Once more is Bitcoin falling .... Bitcoin Latest Price: $458.77, down 6.9% (via CoinDesk) Crossing Our Desk: - Bitcoin prices on Monday plunged – on a single exchange – in what’s being called a “flash crash” of the digital currency, after what appears to be a cascading series of trades that occurred in rapid…
- 70Predicting big market crashes is a difficult business, many would say impossible. A pair of physicists - drawing inspiration from the market for bitcoin, no less -might be on to something. They turned to the bitcoin market because it has a unique feature, perhaps related to the fact that it is still…
- 54How a Swedish politician won an election using Bitcoin donations only. Over the past years, many politicians have run Bitcoin-centric campaigns; however, they have not succeeded in reaching centralized higher political office. Mathias Sundin, who won the recent Swedish parliamentary elections, holds the world record in making it using…