The company has a reputation for security and fraud.
It was hit with an unprecedented hack and the MtGX platform has seen a significant decline in trading volume.
However, the company is reportedly working to restore some confidence.
We’re also told that MtGxtech is looking into ways to increase the number of customers who are able to login.
The company’s CEO, David J. Liu, told CoinDesk in an interview that he is hopeful that the company can recover from the Mt Gox hack.
“We are going to get back on track, and we’re going to make the best of what we’ve got,” he said.
Liu also said that the Mt.
Gox incident, in which he lost a large amount of money, was “a terrible tragedy” for the company.
He added that the new administration of the Bitcoin community is trying to make it easier for users to transact.
“What they are trying to do is make it as easy as possible for Bitcoiners to transact in bitcoin, but they’re also trying to get a little bit of regulation in place,” he told CoinJournal.
Liu has also hinted that the Bitcoin blockchain could be improved to make things easier for consumers.
He said: “I think the blockchain is a huge opportunity for Bitcoin because the cost of validation is huge, and that’s where it could be made more convenient.”
In addition to increasing the number who are online, the Mtgox hack could also impact Mt.
Gox’s ability to grow and diversify.
Liu said that Mt.gox is working to hire more staff to help them “take the business and make it more attractive for consumers.”
If a Bitcoin exchange can’t handle the growing demand for the digital currency, it’s likely that the market will begin to shrink.
If a MtGx customer becomes unable to access the company’s service because of the MtFx hack, there is likely a lot of demand for Bitcoin as well.
For now, it remains to be seen whether the MtX hack will be the tipping point for MtGex to start growing again.
It remains to have a clear impact on the company and its users.
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