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Showing posts with label Bitcoin. Show all posts
Showing posts with label Bitcoin. Show all posts

Wednesday, February 26, 2014

Mt.Gox site disappears, Bitcoin future in doubt

What was once the world's largest trading platform for bitcoins is now a blank page.
 The Bitcoin-trading website Mt.Gox was taken offline late Monday, putting at risk millions of dollars put there by investors who gambled on the digital currency. The exchange also deleted all of its tweets, and Mt.Gox CEO Mark Karpeles resigned from the Bitcoin Foundation's board of directors on Sunday.


Mt.Gox CEO Mark Karpeles has resigned from the Bitcoin Foundation, the currency's top advocacy group.
 The news frightened Bitcoin investors elsewhere, knocking the price down about 3% to $490 -- its lowest level since November.
 For now, there's no telling what's behind the shutdown. Mt.Gox did not respond to requests for comment.
 However, an unverified document called "Crisis Strategy Draft"