Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin

MtGox Rehabilitation Program Has Become Available For Corporate Users

Affected by the closure of the Japanese exchange MtGox companies are now able to use the refund program along with individuals.

The announcement of the launch of the refund program for individuals took place on August 23. The deadline to apply for a refund is October 22. For legal entities, the deadline is set for the same date.

The document was signed by a lawyer Nobuaki Kobayashi from Tokyo, appointed representative of MtGox.

Since the fourth quarter of last year, Kobayashi has been engaged in refunding. It is noteworthy that for these actions he was nicknamed “Tokyo bitcoin whale”, and some representatives of the blockchain-community accuse him of contributing to the collapse of the market.

Note, the district court of Tokyo decided to start the process of civil rehabilitation of the MtGox in February 2019. After this decision Kobayashi stopped selling cryptocurrency from the reserves of the exchange.