Feb. 25th, 2014

randomness: Arctic tern (Sterna paradisaea), photograph by Malene Thyssen, cropped square for userpic. (Default)
Remember Mt. Gox?

Wait, what do you mean "remember"?

Seems they've gone offline.

From a CNET story:
Embattled Bitcoin exchange Mt. Gox has largely vanished from the Internet amid accusations that the exchange is insolvent after a years-long theft that resulted in the loss of hundreds of millions of dollars.

The Web site for the Tokyo-based exchange has been wiped clean, as has its official Twitter feed. A screen shot posted by a Reddit user indicates that trading on the exchange has been halted.


The exchange's apparent shutdown was linked to an alleged hacking that went unnoticed for years, according to a purported internal Mt. Gox document circulating on the Internet. Labeled "Crisis strategy draft," the document reports that the exchange suffered a loss of 744,000 Bitcoins, about $350 million at Monday's trading, and outlines a scheme for restoring confidence in the exchange.

Profile

randomness: Arctic tern (Sterna paradisaea), photograph by Malene Thyssen, cropped square for userpic. (Default)
Randomness

November 2024

S M T W T F S
     12
3456789
10111213141516
171819 20212223
24252627282930

Most Popular Tags

Page Summary

Style Credit

Expand Cut Tags

No cut tags