Tuesday, February 25, 2014

Apparent Theft at Mt. Gox Shakes Bitcoin World - NYTimes.com

Check the full article for some offsetting Bitcoin good news

"On Monday night, a number of leading Bitcoin companies jointly announced that Mt. Gox, the largest exchange for most of Bitcoin’s existence, was planning to file for bankruptcy after months of technological problems and what appeared to have been a major theft. A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in circulation."
Apparent Theft at Mt. Gox Shakes Bitcoin World - NYTimes.com

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