Groestlcoin to Issue New Wallet and Development Updates

Groestlcoin makes major development release every 3 months, and the newest update is due to occur on March 22, 2018
14 March 2018   627

Groestlcoin is a cryptocurrency which was launched on March 22, 2014 with a focus on technological advancement. Groestlcoin is SEGWIT and Lightning Network ready, and aims to be a fast and secure coin with almost zero fees, that is privacy oriented.

Groestlcoin makes major development release every 3 months, and the newest update is due to occur on March 22, 2018. Generally speaking, March 22 is going to a great day for Groestlcoin cryptocurrency as it is marked by the coin's 4th anniversary.

Groestlcoin development update release countdownGroestlcoin development release countdown at the moment of press

Due to that, several major events are planned for March 22:

  • Development release
  • Community release
  • 3rd party wallet
  • New exchanges

Moreover, in order to mark the anniversary, Groestlcoin will be giving away 400 GRS to 1 lucky winner and 40 GRS to another 10 community members, so 800 GRS in total will be distributed.

At the moment of press, these are main market parameters of Groestlcoin:

Average price: $0,595958
Marketcap: $41 490 166
24h volume: $4 280 310

Karpeles to Face Another 10 Years in Jail

Japanese enforcements agencies blamed Mt. Gox CEO in stilling $3M
12 December 2018   44

Japanese prosecutors blamed the head of the already inactive exchange Mt. Gox Mark Carpeles in embezzling 341 million yen ($ 3 million) from a bank account trading platform. The prosecutors made the corresponding statement in the Tokyo District Court, demanding 10 years of imprisonment for Karpeles, reports The Mainichi.

[Mark Karpeles] diverted company funds to such uses as investing in a software development business for personal interest" and "played a great role in totally destroying the confidence of bitcoin users.

Japanese prosecutors

It is noted that in September-December 2013, the head of MtGox allegedly transferred funds to personal bank accounts, and then invested in the software development business.

Carpeles is also accused of faking the data of the trading system of the exchange for the fabrication of balance sheets.

The deadline for accepting applications from affected investors as part of the civil rehabilitation of Mt. Gox has been extended until the end of December.