Karpeles to Pay Off Mt. Gox Users at Curreny Rate

According to former had of well known Bitcoin exchange, he "don't want this billion dollars"
04 April 2018   1098

The former head of the once largest bitcoin exchange, Mt.Gox, once again apologized for his actions during the collapse of his company in 2014.

Mark Karpeles published a message on Reddit to former exchange users, many of whom have been trying to get their own money back for several years. Karpeles rejected the idea that he could get out with a huge amount of money.

As previously reported, Mark Karpeles can receive hundreds of millions of dollars in bitcoins, if the calculation with creditors will be made in accordance with Japanese laws, that is, in yen at the rate at the time of declaring bankruptcy of the company.

According to Karpeles, his company and himself could receive over 160,000 bitcoins and Bitcoin Cash or more than $ 1 billion at the current rate.

I don't want this. I don't want this billion dollars. From day one I never expected to receive anything from this bankruptcy. The fact that today this is a possibility is an aberration and I believe it is my responsibility to make sure it doesn’t happen. One of the ways to do this would be civil rehabilitation, and as it seems most creditors agree with this, I am doing my best to help make it happen. I do not want to become instantly rich. I do not ask for forgiveness. I just want to see this end as soon as possible with everyone receiving their share of what they had on MtGox so everyone, myself included, can get some closure.
 

Mark Karpeles

Former head, Mt. Gox

Unfortunately, in his message, Mark hadn't provide details of future calculations, which may have great impact on the cryptocurrency market. Earlier it became known that trust manager of Mt.Gox sold bitcoins and Bitcoin Cash for $ 400 million, which is associated with negative dynamics at the end of the past - the beginning of this year.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   129

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.