27 Apr '13, 1pm

Study: 45 percent of Bitcoin exchanges end up closing

A study of the Bitcoin exchange industry has found that 45 percent of exchanges fail, taking their users' money with them. Those that survive are the ones that handle the most traffic—but they are also the exchanges that suffer the greatest number of cyber attacks. Computer scientists Tyler Moore (from the Southern Methodist University, Dallas) and Nicolas Christin (of Carnegie Mellon University) found 40 exchanges on the Web that offered a service changing bitcoins into other fiat currencies or back again. Of those 40, 18 have gone out of business—13 closing without warning, and five closing after suffering security breaches that forced them to close. Four other exchanges have suffered serious attacks but remain open. One of those is Mt Gox, the largest Bitcoin exchange, with Moore and Christin stating that at its peak it handles more than 40,000 Bitcoin transactions a da...

Full article: http://arstechnica.com/business/2013/04/study-45-percent-...

Tweets

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....

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 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 fai...

news.yahoo.com 26 Apr '13, 5pm

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 cr...

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 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...

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...

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 ...

Bitcoin Exchanges Represent Considerable Risk

Bitcoin Exchanges Represent Considerable Risk

smallbiztrends.com 29 Apr '13, 8pm

Bitcoin exchanges convert the popular digital currency into national currencies based on fluctuating rates. But the exchan...

Bitcoin Is Still Going Down

businessinsider.com 03 May '13, 9am

Conservative Magazine Cover Shreds Marco Rubio Over Immigration Reform, But Photoshops Grover Norquist Out Of The Photo Co...

@MaiLingChan @SLP_Echo But one cup has 45% of y...

starbucks.com 27 Apr '13, 5pm

Nutritional information is calculated based on our standardized recipes. Because our beverages are handcrafted and may be ...

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...

@Kenflaw

solestruck.com 28 Apr '13, 4pm

As it turns out, not all canvas shoes have to be potato-sack-like-lookin' slippers. With exclusive Lazy Oaf and Bape colla...

Bitcoin

Bitcoin

coindesk.com 01 May '13, 3pm

Welcome to CoinDesk. We aim to give you the best information and insight on digital currency and the technologies that dev...

Bitcoin Dealers Are Running Into Problems In Canada

Bitcoin Dealers Are Running Into Problems In Ca...

businessinsider.com 25 Apr '13, 7pm

Two Canadian businessmen recently got some bad news from their banks. James Grant, owner of Canadian Bitcoins, got a lette...

Next Step for Bitcoin: Meeting the Regulators

cnbc.com 27 Apr '13, 5am

"It's not mature enough for the U.S. government or other regulators to take a serious look," Dugas said. "As it grows in o...