Mt. Gox Announces Downtime for Bitcoin Deposits

Mt. Gox has halted bitcoin deposits and all inner bitcoin transfers for a brief site maintenance update, approximately from 6pm to 12am Japan time on fifteenth February.

According to a notice posted on Gox’ s News page, the particular downtime is part of the implementation of a solution to the particular ‘ transaction malleability‘ problem that has seen the trade halt all external bitcoin withdrawals and face critique from some sectors of the bitcoin economy.

The downtime probably won’ t affect too many customers. With Mt. Gox’ h bitcoin price now hanging around the $ 342 tag (at least $ three hundred 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 exchanges can probably also wait a short while.

Continue reading in CoinDesk


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