12 Apr '13, 2am

Bitcoin drops another 35 percent as exchange reopens

Bitcoin drops another 35 percent as exchange reopens

Bitcoin value plummets as trading resumes on Mt. Gox, the world's largest exchange for the digital currency (click for larger image). (Credit: Clarkmoody.com/ ) Bitcoin's wild ride continued this evening, immediately carving 35 percent off the value of the digital currency as Mt. Gox, the world's largest Bitcoin exchange, resumed trading after an extended suspension of operations. The value of the peer-to-peer currency began trading at $78 a Bitcoin against the U.S. dollar, falling as low as $65 before recovering to trade as high as $135. The plunge followed yesterday's rollercoaster trading day , which saw Bitcoin's valuation drop 61 percent before recovering a bit with a 37 percent loss. The decentralized digital currency, which had quadrupled in value in the past four weeks, traded as high as $266 per Bitcoin yesterday before a dramatic correction dropped its value to $...

Full article: http://news.cnet.com/8301-1023_3-57579241-93/bitcoin-drop...

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Bitcoin Plunges To $78 As Exchange Reopens

Bitcoin Plunges To $78 As Exchange Reopens

businessinsider.com 12 Apr '13, 1am

Mt. Gox, the world's largest Bitcoin exchange, has just reopened following a 12-hour trading halt. The virtual currency is...

DDoS cripples Bitcoin exchange Mt. Gox after trading resumes

DDoS cripples Bitcoin exchange Mt. Gox after tr...

news.cnet.com 12 Apr '13, 5am

Less than two hours after resuming Bitcoin trades following a lengthy suspension, currency exchange Mt. Gox is offline, th...

DDoS cripples Bitcoin exchange Mt. Gox after tr...

news.cnet.com 12 Apr '13, 5am

Update at 6:15 a.m. PT Friday: Bitcoin's tumble continued after trading resumed. As of now, the digital currency is tradin...

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