Shelly Palmer chats with Kerry Drew and Ben Simmoneau on Fox 5’s Good Day Wake Up about Bitcoin and Mt. Gox.
Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection last week. on Monday, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited by users and about 100,000 Bitcoins belong to Mt. Gox had disappeared in February. This acknowledgment comes after a document claimed to be leaked out […]
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Mt. Gox, the troubled exchange for the virtual currency Bitcoin, filed for bankruptcy protection on Friday and said that it might have lost 750,000 of its customers’ coins, essentially all of them, in a hacking attack. The Tokyo-based exchange, which warned this month of a software flaw that may have allowed hackers to defraud it […]
A Democratic U.S. senator is asking the federal government to take this remarkable step: completely ban Bitcoin. Sen. Joe Manchin of West Virginia sent a letter today to the Treasury Department, the Federal Reserve, and other regulators characterizing the virtual currency as encouraging “illicit activity” as well as being “highly unstable and disruptive to our […]