Wild volatility is back in Bitcoin-land, as premier Bitcoin exchange Bitstamp was hacked, $5M in Bitcoin was stolen, and Russia starts banning Bitcoin related websites.
Read moreBitstamp has now also been Bitstamp temporarily suspended from the CoinDesk Bitcoin Price Index as its API has been unavailable since 09:13 GMT whilst firm performs maintenance to resolve the matter
Read moreMt Gox closure sent prices on other exchanges down 25% to low $400's, now back around $600 Recent developments in the crypto currencies world have been of a substantially disruptive nature and there is no doubt that confidence has been shattered all over the place as the formerly leading Japanese exchange Mt Gox has finally…
Read moreBitStamp upgrades hardware, hires more customer support personnel While the wild ride of the digital currency continues, price discrepancies between different exchanges have subsided. With Bitcoin currently trading at $832 on BitStamp, prices on Mt Gox are $840 - a difference of only $8 is negligible considering the $100 discrepancies we observed a week ago.…
Read moreBitcoin’s wild roller coaster ride takes it from $900, down to $450 and back up to $700 What a week it has been for the virtual currency Bitcoin – prices have been swinging in both directions in roller-coaster mode. As the Senate hearings on the digital currency were ongoing it has rallied all the way up to $900…
Read moreMt Gox, which handles 80% of Bitcoin trades, sees its trade engine freeze as interest in Bitcoin soars. Well this didn't take long. Just hours after we reported that Bitcoin prices were crashing after a fast and frenzied run up from $25 to over $200 in just two months, comes word that Mt Gox --…
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