Another bitcoin exchange bites the dust? It may be so, well temporarily anyway. Bit121, a United Kingdom-based bitcoin exchange platform, announced Monday that it would suspend trading and temporarily close as of Mar. 31. The website noted that the closure is not permanent, but it … [Read more...]
Dogecoin Founder: Bitcoin exchanges ‘one of the worst things’ to happen to market
Dogecoin has become one of the most popular digital currencies in the cryptocurrency market today. Established only a few months ago, the Internet meme-based virtual currency has grown to new heights and has become one of the top currencies for tipping. Speaking at CoinSummit this … [Read more...]
Is using the hand of government for bitcoin thefts justified
With three bitcoin exchanges shutting down after experiencing thefts worth hundreds of millions of dollars, some in the bitcoin community are urging government regulation and intervention to protect consumers. It was reported Sunday that Mt. Gox, one of the world’s biggest exchange … [Read more...]
Mt. Gox vanishes – Should Japanese authorities intervene in Mt. Gox insolvency
Bitcoin holders are scratching their heads Tuesday morning after one of the world's biggest bitcoin exchange platforms, Mt. Gox, might have vanished off of the Internet forever, its founder gone and its Tokyo-based office empty. Mt. Gox officials have not responded to telephone calls, … [Read more...]
Bitcoin desperately needs a transparent US exchange – could government regulation help
This week, bitcoin (BTC) has dominated the headlines after numerous digital currency exchanges have shut down their services after experiencing denial of service (DOS) attacks. This has caused the value of bitcoin to drop to less than $650 – there was also a flash crash that saw … [Read more...]
