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Tag: Digital Currency

Mt Gox resigns from the Bitcoin Foundation as withdrawals still MIA

Posted on 24 February 2014

Mark Karpeles, CEO of Mt. Gox has submitted his resignation from the board of directors at Bitcoin Foundation. This move follows a string of technical issues that forced the exchange to suspend…

Mt Gox’s twitter feed emptied

Posted on 24 February 2014

Mt Gox is probably going through the worst time in its history with falling Bitcoin prices, suspended withdrawal, angry customers, and on top of that an emptied twitter feed. Yes you read…

Bitcoin surges on Mt Gox withdrawal rumours

Posted on 23 February 2014

Bitcoin prices on Mt Gox went as high as $348.98 in intraday trading because of rumours that the troubled Japanese exchange was testing its withdrawal system and that users will be able…

Harvard-owned computing resources misused for Dogecoin mining

Posted on 21 February 2014

Computing resources in the Harvard research network specifically those on the Odyssey cluster were misused by a member of the Harvard community to mine Dogecoins sometime last week, it has been revealed….

Mt Gox still without an answer on Bitcoin withdrawals

Posted on 20 February 2014

Mt Gox is still to open up Bitcoin withdrawal and provide a convincing answer about the delay and extension of the self-imposed deadline. It has been two weeks since Mt Gox suspended…

Silk Road 2 hacked; Bitcoin worth £1.6m stolen

Posted on 15 February 2014

Silk Road 2 administrators have revealed that hackers manipulated computer code and siphoned off £1.6m ($2.7m) worth of Bitcoin. Silk Road 2 appeared after its predecessor, the original Silk Road, was shuttered…

India questions Bitcoin’s credibility; refrains from pronouncing it illegal

Posted on 12 February 2014

New Reserve Bank of India (RBI) Governor Raghuram Rajan has reiterated the central bank’s concerns over the credibility of virtual currencies like Bitcoin pointing out the ambiguities surrounding Bitcoin’s value. Speaking at…

Mt Gox: Bitcoin ‘transaction malleability’ bug forced us to suspend withdrawals

Posted on 11 February 2014

Mt Gox has revealed in an update on its site that it temporarily suspended Bitcoin withdrawals to address a design issue that inherently affects all transactions where Bitcoins are sent to a…

Apple removes ‘Blockchain’ Bitcoin app from App store

Posted on 6 February 2014

Apple has taken off Blockchain, a Bitcoin wallet app for iPhones using which users were able to send and receive Bitcoins, from its App store. The iPad informed Blockchain.info, the developer of…

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