Last month, the implosion of Mt. Gox—formerly one of the biggest bitcoin exchanges—made headlines. The company filed for bankruptcy protection shortly after it had announced that it lost 750,000 customer bitcoins, with another 100,000 bitcoins of…
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Early this morning, Mt. Gox officially filed for bankruptcy protection in Tokyo, Japan, confirming reports that the company had lost 750,000 bitcoins—with a current estimated value of roughly $477 million—were lost. According to CEO Mark Karpeles…
In the wake of this morning’s news that Mt. Gox has filed for bankruptcy protection, some players in the field of cryptocurrency and bitcoin have weighed in on just where Mt. Gox seems to have gone wrong. The consensus? The missing 750,000 bitcoins…
After yesterday’s news of the shutdown of Mt. Gox—formerly one of the largest bitcoin exchanges in the world, and certainly still the most famous (or infamous)—people have been watching and waiting for any signs of life at the Tokyo-based company…
Bitcoin, the world’s biggest and most notable virtual currency, is experiencing a major crisis as Mt. Gox, once one of its biggest exchanges, has gone dark, its CEO having disappeared. As a result, Bitcoin owners the world over may have lost a sizeable…