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MtGox Issues New Statement MtGox, Tokyo based bitcoin exchange, filed for bankruptcy protection on February 28th, after having revealed that they had lost the bitcoins of not only their customers, but also their own. The bitcoin exchange has remained consistent throughout its...

After having filed for bankruptcy protection just last week, MtGox announced yesterday, March 2nd, the opening of a call center on its website. Falling apart, the troubled exchange filed for bankruptcy protection with the Tokyo District Court Friday. Approximately 750,000...

It’s bad enough that MtGox has lost 750,000 of its customers’ bitcoins, but now a couple of people have received malware emails pertaining to MtGox. Malware Email: Claim your MtGox coins! One such email, according to a reddit thread, goes like this: “Have you...

The executive director of the Bitcoin Foundation, Jon Matonis, says that Bitcoin is still in beta form. In fact, because of this, he says that people should only invest in Bitcoin the amount of money they can afford to lose. Speaking about Bitcoin, Matonis told CNN,...

According to Businessweek, a few days after Mt. Gox shut down amid crisis; Tembusu Terminals Pte has installed Singapore’s first Bitcoin ATM. The ATM was set up at a bar called “the Spiffy Dapper” in the Boat Quay district. Tembusu has said that it’s in talks...

MtGox Files for Bankruptcy MtGox has revealed that it was going to file for bankruptcy protection. About 750,000 of its customers’ bitcoins and 100,000 of its own have been lost. The market value of this damage is tremendous. It totals to about $473 million in losses. This news...

MtGox Investigations Begin Japanese Officials Break their Silence Following the collapse of MtGox on Tuesday, Chief Cabinet Secretary Yoshihide Suga issued Japan’s first official statement on the matter. Before declining further comments, he told reporters: At this stage...

Karpeles’ Private Chat The failing bitcoin exchange Mt. Gox’s CEO Mark Karpeles has spoken through a web chat revealing little about what is going on with the exchange. He told an industry consultant on Tuesday that he has no plan of calling it quits regarding the troubled...

New Statement Released by MtGox In another non-attempt to sooth the frayed nerves of its concerned customers, MtGox founder and CEO Mark Karpeles issued another statement this morning. Dear MtGox Customers, As there is a lot of speculation regarding MtGox and its future, I would...

SecondMarket Bitcoin Exchange While Mt. Gox may be living its final days, SecondMarket looks to capitalize in the bitcoin exchange system. It looks to conduct bitcoin activities through a new stand-alone exchange in New York. SecondMarket’s monthly board meeting, which...