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Mt. Gox gets temporary US bankruptcy protection

Tuesday, March 11, 2014 | More »

Bitcoin
Mt. Gox, once the world’s largest bitcoin exchange, received U.S. bankruptcy protection on Monday to temporarily halt U.S. legal action against the Japanese company by traders who allege the operation was a fraud. Judge Harlin Hale in Dallas granted temporary bankruptcy protection to Mt. Gox, ...

Bitcoin

Bitcoin exchange Mt. Gox files for bankruptcy, blames hackers for losses

Mt. Gox, once the world’s biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system. The collapse caps a tumultuous few weeks in which the company...

28 February, 2014 | More »

Bitcoin

Bitcoin hit by denial of service attacks as regulators prepare clampdown

Bitcoin is being hit by attacks from unknown computer hackers who are sending “mutated” lines of code into the program that runs the virtual currency, a spokeswoman from its main trade organization said in a statement on Tuesday. The attacks are responsible for problems experienced by tw...

12 February, 2014 | More »

Bitcoin

Bitcoin plunges after marketplace indefinitely halts withdrawals

The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected “unusual activity.” The bitcoin price varied dramati...

11 February, 2014 | More »