Tag Archives: bitcoin

Bitcoin Public Fears Amid Hack of Mt Gox

Mt Gox, a major Bitcoin currency exchange,  has declared itself bankrupt in a Tokyo district court hearing this Friday 28 February. A company lawyer cited outstanding debts of $63.2 million against company assets valued at $37.7 million. The Bitcoin trader had suffered a security breach (hack) that resulted in the crypto currency being  stolen from its platform and customer savings …

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