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Tag Archives: Civil

Top 6 Failed Fiat Currencies: US Civil War Edition

Numerous fiat currencies have failed throughout the centuries, although those developments were influenced by a lot of different reasons. The US Civil War is one of the main culprits for ensuring a lot of currencies failed, although that is not entirely unexpected either. The following currencies met their demise, ordered in order of longevity. #6 Confederate States Reformed Dollar With ...

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Blockchain Startup Civil Partners With Associated Press to Tackle Plagiarism

As the world went digital, so did a majority of industries, as many forward thinkers sought a technology that could revolutionize legacy systems. And while a majority of industries found success through the utilization of the internet and modern technologies, the journalism industry faltered, with “fake news,” plagiarism, and the like becoming the new black. But as with any growing problem, ...

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The Owner of Bitcoin.org Has a Plan to Avoid a Bitcoin Cash Civil War

Another attempt is being made at brokering a compromise before the Bitcoin Cash Civil War culminates in a permanent blockchain split, and it’s coming from what may initially seem like an unlikely source: Cobra, the pseudonymous co-owner of Bitcointalk and Bitcoin.org. Earlier this year, Cobra — originally a critic of Bitcoin Cash — came out in support of BCH, though ...

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Mt Gox Announces Commencement of Civil Rehabilitation Proceedings

Back in February of 2014, the world’s largest and most accessible Bitcoin exchange at the time, Mt. Gox, had nearly a million Bitcoins stolen between its own holdings and those of its customers. Nearly half a decade later, Mt. Gox creditors may finally have their chance to retrieve their lost assets. Mt. Gox Civil Rehabilitation Proceedings Begin Mt. Gox trustee ...

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Civil: Reimagining the News With a Blockchain-Based Architecture

Civil, a blockchain-based journalism startup, promises a comprehensive solution to create a “decentralized marketplace for sustainable journalism” by directly supporting content creators, fighting “fake news,” and removing advertising from the news experience. While Civil’s goal –– to flip the current journalism model on its head –– is ambitious, the team has already recruited a network of newsrooms and has secured ...

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Mt. Gox Creditors Release Update of Civil Rehabilitation Plan

Creditors of Mt. Gox, the defunct bitcoin exchange, have announced an update to the civil rehabilitation plan agreed upon with the platform, according to a statement published on the group’s website.   The updated terms are said to be in line with the latest court position in the ongoing legal proceedings, including a confirmation that compensation must be paid to victims ...

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Mt. Gox Creditors Update Basic Terms of Upcoming Civil Rehabilitation Plan

Lawyers representing a group of creditors of the now-defunct Japanese Bitcoin (BTC) exchange Mt. Gox have recently updated their civil rehabilitation plan, according to a statement on the Mt. Gox creditors’ website Aug. 2. In the announcement, the Mt. Gox creditors stated they had revised the basic policy for the rehabilitation plan as of August 1, 2018, in compliance with ...

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Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil …

The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018. Mt. Gox was forced into criminal bankruptcy after more than $473 million in bitcoin was stolen from the exchange in ...

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Mt. Gox Crypto Exchange Begins Civil Rehabilitation Proceedings, Ends Bitcoin Sell-Offs

Defunct Bitcoin exchange Mt. Gox has formally entered civil rehabilitation proceedings, officials announced June 22. A statement and accompanying documentation confirm the move, which will see attorney Nobuaki Kobayashi act as civil rehabilitation trustee. Kobayashi was responsible for selling vast tranches of Bitcoin reserves beginning Q4 last year to reimburse Mt. Gox users who lost money in the exchange’s mass ...

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