Tag: virtual currency

April 14, 2014 BY Andrew Saks-McLeod

Hollywood executives look to buy MtGox out of bankruptcy as bitcoin price falls below $400

Uncertainty has followed last year's soaring values and unprecedented demand in the aftermath of MtGox demise, with BTC values falling below $400 for the first time since last November. Would reviving MtGox be a very risky business? It is common practice in most industry sectors for large, stable companies which operate within a particular business segment…

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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 18, 2014 BY Andrew Saks-McLeod

Caveat Emptor! CySec Points Out Dangers Of Bitcoin Trading

Whilst virtual currencies have polarized the opinions of governments worldwide, CySec takes a conservative view, today issuing a warning to potential bitcoin traders Less than one day subsequent to the Singaporean financial markets regulatory authority having made its intention to regulate virtual currency intermediaries public, the ubiquitous Cypriot regulator, which operates in an island with…

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