October 01, 2014 BY Gerald Segal
Bitcoin prices drop below $400 for first time since late 2013
Strengthening dollar + lower volatility = less interest in Bitcoin
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April 18, 2014 BY Andrew Saks-McLeod
Once bitten, twice shy? Will MtGox creditors lend a hand to potential investors?
In its quest to revive the ill-fated Japanese bitcoin exchange, the high-profile investment group interested in purchasing it resorts to the unorthodox method of seeking the assistance of MtGox's creditors Following the announcement last week that a group of investors is seeking to revive bankrupt Bitcoin exchange MtGox, a website has been launched in order…
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March 26, 2014 BY Andrew Saks-McLeod
MtGox to work alongside police to locate missing Bitcoins
As the search for missing virtual currency which contributed to the demise of MtGox continues, will co-operation with police unearch missing Bitcoins? Failed Bitcoin exchange MtGox has today announced via its website that it intends to work alongside the Police in relation to the disappearance of $490 million worth of Bitcoins. MtGox's website which has…
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March 21, 2014 BY Andrew Saks-McLeod
MtGox CEO Mark Karpeles reveals location of 200,000 lost bitcoins
Following the demise of MtGox resulting in 750,000 BTC losses to investors, former CEO Mark Karpeles notifies those concerned that 200,000 BTC have been located in offline wallets The highly unpredictable world of virtual currency has endured more than its fair share of extreme events over the last year, including fluctuating values when compared to…
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March 10, 2014 BY Andrew Saks-McLeod
Hacker Exposes Mt.Gox Bitcoin Balances Via Karpeles Blog
Bitcoin account data and balances have been displayed on Mt.Gox founder Mark Karpeles' blog following demise of Japanese virtual currency exchange As though events surrounding the $64 million demise of Bitcoin exchange Mt.Gox were not complex and costly enough, a further twist took place this weekend when an imposter gained access to Mt.Gox founder Mark…
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March 07, 2014 BY Gerald Segal
Bitcoin prices recover from Mt Gox bankruptcy
After last week's bankruptcy, Bitcoin prices have bounced back by 20%, traders keep pouring in. It is hard to keep a good cryptocurrency down.... Despite the problems which led to last week's Mt Gox bankruptcy, and with it the disappearance of about 5% of all outstanding Bitcoins, traders and investors have voted with their feet…
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February 28, 2014 BY Gerald Segal
Its official - Mt Gox files for bankruptcy
The saga has ended - 750,000 BTC ($420 million) of customers' funds have been stolen from the company in the beginning of February According to a press conference that has been held in Tokyo, as of today it is finally official – Mt Gox has filed for bankruptcy protection. According to a CNBC report the…
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