THIS DAY IN BITCOIN HISTORY

February 28

What happened in Bitcoin on February 28: Mt. Gox collapses (2014).

ON THE TIMELINE

Turning points on February 28.

2014

Mt. Gox collapses

Once the largest bitcoin exchange, Mt. Gox files for bankruptcy protection in Tokyo after bitcoins and customer funds go missing.

MtGox Co., Ltd. made today an application for commencement of a procedure of civil rehabilitation (minji saisei) at the Tokyo District Court. This application was accepted on the same day.

MtGox Co., Ltd. · February 28, 2014
SATOSHI ON MINING
By convention, the first transaction in a block is a special transaction that starts a new coin owned by the creator of the block. This adds an incentive for nodes to support the network, and provides a way to initial…
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