26 Apr '13, 5pm

Study shows 45% of Bitcoin exchanges end up failing: Imagine a world where the Nasdaq, the Nikkei and the FTSE...

Study shows 45% of Bitcoin exchanges end up failing: Imagine a world where the Nasdaq, the Nikkei and the FTSE...

Imagine a world where the Nasdaq, the Nikkei and the FTSE all failed within the span of a week and you have an idea how crazy the world of virtual currency trading has become. Wired reports that a new study from computer scientists Tyler Moore of the Southern Methodist University in Dallas and Nicolas Christin of Carnegie Mellon University has found that 45% of Bitcoin exchanges end up shutting their virtual doors while leaving their users’ money in limbo. However, this doesn’t mean that the Bitcoin exchanges that have survived so far are safe havens, since the study also shows that they’re under constant assault from cybercriminals who are working around the clock to hack users’ transactions.

Full article: http://news.yahoo.com/study-shows-45-bitcoin-exchanges-en...

Tweets

Study shows 45% of Bitcoin exchanges end up fai...

bgr.com 26 Apr '13, 5pm

Internet April 26, 2013 at 1:35 PM 1:35 PM Imagine a world where the Nasdaq, the Nikkei and the FTSE all failed within the...

Study: 45 percent of Bitcoin exchanges end up closing

Study: 45 percent of Bitcoin exchanges end up c...

wired.co.uk 26 Apr '13, 9am

One of those is Mt Gox, the largest Bitcoin exchange, with Moore and Christin stating that at its peak it handles more tha...

Study: 45 percent of Bitcoin exchanges end up c...

arstechnica.com 27 Apr '13, 1pm

A study of the Bitcoin exchange industry has found that 45 percent of exchanges fail, taking their users' money with them....

Study: 45 percent of Bitcoin exchanges end up c...

mukpin.com 28 Apr '13, 5am

a study of the bitcoin exchange industry has found that 45 percent of exchanges fail, taking their users' money with them....

What if all the bitcoin exchanges were shut down?

What if all the bitcoin exchanges were shut down?

rt.com 27 Apr '13, 8pm

This market making activity should be done completely out of reach of regulators. Honesty on the part of the ‘peg’ maintai...

Study: 45 percent of Bitcoin exchanges end up c...

techmeme.com 28 Apr '13, 9am

Study: 45 percent of Bitcoin exchanges end up closing … A study of the Bitcoin exchange industry has found that 45 percent...

High-volume #Bitcoin exchanges less likely to fail, but more likely breached, says study @smu

High-volume #Bitcoin exchanges less likely to f...

phys.org 24 Apr '13, 8pm

Online exchanges that trade hard currency for the cyber money Bitcoin have a 45 percent chance of failing -- often taking ...

High-volume Bitcoin exchanges less likely to fa...

sciencedaily.com 24 Apr '13, 9pm

Crypto-currencies are intended to eliminate reliance on brick-and-mortar middlemen such as banks, exchanges, credit card c...

Bitcoin Exchanges Represent Considerable Risk

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Bitcoin

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After work, I bike to a far less high-tech Bitcoin machine at the Internet Archive, which is about 20 hills away from my w...

Wired Fires Up New Bitcoin Miner, World Drools

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