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Topic: Mt. Gox pauses all Bitcoin withdrawals (Read 536 times)

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February 07, 2014, 04:09:29 AM
#1
Mt. Gox pauses all Bitcoin withdrawals

Mt. Gox, one of the world’s biggest Bitcoin trading exchanges, has temporarily suspended all Bitcoin withdrawals with immediate effect as the team seeks to resolve technical issues experienced by some users while withdrawing Bitcoin.

The exchange says that the increase in withdrawal traffic was “hindering” its efforts on a technical level, and to “get a better look at the process the system needs to be in a static state.”

    In order for our team to resolve the withdrawal issue it is necessary to temporarily pause all withdrawal traffic to obtain a clear technical view of the current processes.

Mt. Gox says withdrawals waiting to be processed will be returned to users’ wallets and can be re-initiated once it has resolved the technical issues. Customers can still use the trading platform as per usual.

http://thenextweb.com/insider/2014/02/07/mt-gox-pauses-all-bitcoin-withdrawals-due-to-technical-issues/#!uDsfS
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