MtGox, the world's largest Bitcoin exchange, went offline Tuesday amid reports that it lost track of 740,000 of customers' bitcoins. As risks of the digital currency become more apparent, other Bitcoin operators try to reassure investors.
Bitcoin heist: Exchange Mt. Gox is offline Tuesday amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency. The bitcoin heist may have lifted more than 740,000 bitcoins from the exchange, which froze withdrawals earlier this month.
Slovenia-based Bitstamp halted withdrawals Tuesday due to a denial-of-service attack. The Bitstamp debacle is only the most recent problem in an ongoing saga of issues for the online currency. Is this a rocky start or the beginning of the end?
The high-flying digital currency has plunged to half its former value. Code glitches that led to the crash can be remedied and the currency strengthened, Bitcoin enthusiasts say. Doubts about its long-term viability persist, however.
Bitcoin's bad week rolls on, with Bitstamp, another major exchange, being targeted by hackers and halting transactions. Can Bitstamp and Bitcoin at large, which was conceived as a way to sidestep government currency controls, succeed without federal regulation?
Bitcoin crash: The Bitcoin price started falling on Friday when a Bitcoin digital marketplace said it was temporarily halting withdrawals after 'unusual activity' raised concerns about transaction security. Could a Bitcoin crash be next?
Bitcoin has exploded in value just as gold is taking a tumble. But Bitcoin is still so new that you're much better off with gold if you're looking for an alternative currency, according to prominent investor.