Tag: mtgox

  • Japan levels embezzlement charges against Bitcoin exchange CEO.

    Japan levels embezzlement charges against Bitcoin exchange CEO

    Mark Karpeles, CEO of the disgraced Japanese Bitcoin exchange MtGox, has been charged by the Japanese authorities for embezzlement, according to Yahoo News.   Karpeles was taken by the Japanese police last month on the charges of embezzlement of hundreds of millions of dollars in Bitcoin.  The allegations...

    Guest Author | September 11, 2015 | 2:30 pm
  • mt gox

    Situation Bitcoin Exchanges Disaster Waiting Happen:Mark Karpeles

    In a recent blog post titled Didn’t we learn anything?, the former CEO of the now-bankrupt Bitcoin exchange MtGox, Mark Karpeles has said that, “the current situation (of Bitcoin exchanges) is nothing but another disaster waiting to happen.” Mark Karpeles, co-founder of The Bitcoin Foundation, also suggested different...

    Guest Author | June 3, 2015 | 2:30 pm
  • Play Safe — Keeping Your Bitcoin Wallet Enchained

    In recent days, Bitcoin is plagued by frauds and hacks where many Bitcoin exchanges were hacked and millions of dollars’ worth in Bitcoin was lost to hackers. In order to understand the magnitude of Bitcoin thefts, you do not have to go beyond MtGox. MtGox was a Japanese...

    Gautham | April 19, 2015 | 4:00 pm
  • Uncategorized

    Vaultoro.com Allows Customers to Exchange Gold for BTC, BTC for Gold

    Bitcoin gold exchange Vaultoro.com launched its trading platform on February 13th, and users may now instantly exchange their gold for bitcoin and back on a completely independent basis. The company announced in a press release: “Gold protects people against the price volatility of bitcoin without them ever having...

    Guest Author | March 4, 2015 | 11:00 pm
  • New York Firefighter Mugged and Stabbed Over Bitcoins

    What is the digital world coming to?  An era of hardcore crime has made its way into our little cryptocurrency community and it’s giving digital currency enthusiasts a bad name. Dwayne Richards, a New York City firefighter, was recently held up, robbed, and stabbed by thugs who were...

    Guest Author | February 20, 2015 | 3:00 pm
  • Uncategorized

    MyCoin and the Media: How Could Things Be So Off?

    MyCoin and the exaggeration that occurred regarding the funds the company allegedly lost has been a major topic of discussion.  Initial reports claimed that the amount lost stood between $386 million and $390 million, but now that the Hong Kong Commercial Crime Bureau (CCB) is involved, reports are...

    Guest Author | February 12, 2015 | 4:00 pm
  • Uncategorized

    Bitsquare Lighthouse Crowdfunding Campaign Ends Today; Only 42% Raised

    Some things get off to a rocky start.  Much like bitcoin itself, which is still facing issues regarding mass acceptance and adoption, a new decentralized exchange known as Bitsquare has not managed to raise the funds its wished for through the crowdfunding platform Lighthouse. The company was originally aiming...

    Guest Author | February 9, 2015 | 6:00 pm
  • Uncategorized

    Bad Relationship Details Between Ripple Labs and Stellar Published

    Apparently, there are some very angry feelings between payment network startups Ripple and Stellar, and the New York Observer has published a 15,000 word article spilling all the juicy details. Apparently, Ripple and Stellar were going out for quite some time.  They were thought to be the cutest couple by all...

    Guest Author | February 6, 2015 | 6:00 pm
  • A Revised Version of New York's BitLicense Has Uncloaked

    A revised version of New York’s BitLicense, the document behind the regulation of all cryptocurrency delving companies has emerged from the shadows, and this time things are a little different. Following a 90-day commentary period in which companies such as Amazon and Walmart made their voices and opinions...

    Guest Author | February 5, 2015 | 1:00 am

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