24 February 2014

Bitcoin Prices Down As Mt. Gox Concerns Escalate

Uncertainty about the future of major bitcoin exchange Mt. Gox is growing in light of its recent decision to take down its website amid escalating, as-yet-unconfirmed rumors that it has been the victim of widespread theft and could be nearing a lengthy or even permanent shutdown of its services.


Mt. Gox, through intermediary sources, told CoinDesk that it has no comment on the news at this time.


Now, the market is reacting to the lack of information about the developments.


Continue reading at CoinDesk


February 25, 2014 at 06:15AM