26 Feb '14, 2pm

The Mt. Gox fiasco won't kill Bitcoin

Unfortunately for Gox and its customers, there isn’t much support for a bailout. That’s not surprising given that the ostensible founding premise of Bitcoin was freedom from the inbreeding that caused the global financial crisis and then called upon taxpayers to allay the damage. The prevailing sentiment is that Mt. Gox was an amateur effort with too much power that needed to be eliminated in order to make room for savvier and more responsible players. Mt. Gox had gotten in trouble with one of its US partners, CoinLab, which ended up suing the company for $75 million ; later the US government froze $5 million of Mt. Gox’s funds due to suspicion of violating anti-money-laundering regulations. And despite its large stake in Bitcoin, the site struggled with basic technical functions for years after launch. In the summer of 2013 Mt. Gox suspended withdrawals in dollars for mur...

Full article: http://www.theverge.com/2014/2/26/5449218/bitcoins-too-bi...

Tweets

Apparent Theft at Mt. Gox Shakes Bitcoin World:...

myaccount.nytimes.com 25 Feb '14, 5am

Log in to manage your products and services from The New York Times and the International New York Times. Don't have an ac...

U.S. attorney subpoenaed Mt Gox, other bitcoin ...

By Emily Flitter NEW YORK (Reuters) - Manhattan Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchan...

Too Big To Fail? Crypto-Community Calls For Mt....

forbes.com 27 Feb '14, 7pm

The collapse of Bitcoin exchange Mt. Gox is already being described as Bitcoin’s “Lehman Brothers moment”, with the phrase...

The Future of Bitcoin Exchanges: Comments From ...

spectrum.ieee.org 27 Feb '14, 11pm

Gronager shared some damning insights about the state of affairs at Mt. Gox. While stressing that he has no internal knowl...

The Slow and Painful Death of the Mt. Gox Bitcoin Exchange

The Slow and Painful Death of the Mt. Gox Bitco...

spectrum.ieee.org 25 Feb '14, 10pm

I've always considered the death scene in Cyrano de Bergerac to be a bit too drawn out and overly wrought. But when watchi...

Bitcoin valuation takes another hit as Mt. Gox CEO steps down from the Bitcoin Foundation

Bitcoin valuation takes another hit as Mt. Gox ...

thenextweb.com 24 Feb '14, 4am

Bitcoin is going through another significant dip after the CEO of Mt. Gox , a controversial Bitcoin currency exchange serv...

Bitcoin exchange Mt. Gox goes offline as insolvency rumors swirl

Bitcoin exchange Mt. Gox goes offline as insolv...

thenextweb.com 25 Feb '14, 3am

Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, has disappeared from the Internet after its website went ...

Mt. Gox Resigns From Bitcoin Foundation

online.wsj.com 24 Feb '14, 3am

Mark Karpeles, chief executive officer of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the...

Mt. Gox quits Bitcoin Foundation board: Major B...

pcworld.com 24 Feb '14, 7am

Major Bitcoin exchange Mt. Gox has quit the Bitcoin Foundation’s board of directors, the foundation said. The move is effe...

Mt. Gox resigns from Bitcoin Foundation: WSJ #News

Mt. Gox resigns from Bitcoin Foundation: WSJ #News

businessinsider.com 24 Feb '14, 4am

Thomson Reuters Mock Bitcoins are displayed on a table in an illustration picture taken in Berlin (Reuters) - Mark Karpele...

Mt. Gox CEO Mark Karpeles

Mt. Gox CEO Mark Karpeles

coindesk.com 24 Feb '14, 4am

Breaking news: Mt. Gox CEO Mark Karpeles has just resigned from his position as a board member with the Bitcoin Foundation...

Mt. Gox CEO Resigns From Bitcoin Foundation Board

Mt. Gox CEO Resigns From Bitcoin Foundation Board

online.wsj.com 24 Feb '14, 3am

Mt. Gox chief executive Mark Karpeles, seen in this 2013 photo, has resigned from the board of the Bitcoin Foundation, acc...

Servicio de intercambio Mt. Gox sale de Bitcoin...

fayerwayer.com 24 Feb '14, 12pm

El tener una moneda virtual descentralizada tiene ciertos problemas, como la gran fluctuación en el precio que algunas not...

CEO Mark Karpeles resigns from Mt. Gox, the emb...

online.wsj.com 24 Feb '14, 6am

Mark Karpelès, chief executive officer of Mt. Gox, the embattled Tokyo-based bitcoin exchange, resigned on Sunday from the...

Mt. Gox resigns from Bitcoin Foundation Board

Mt. Gox resigns from Bitcoin Foundation Board

news.cnet.com 24 Feb '14, 5am

Embattled Bitcoin exchange Mt. Gox has resigned from the board of the Bitcoin Foundation, the organization that manages th...