Karpeles Warns of another Mt. Gox, but BitFinex might have the Answer

Former CEO Mark Karpeles warns Mt. Gox's US$500 million loss of funds could happen again, just as BitFinex announces its own possible solution.

As Mark Karpeles expressed his concern that digital currency exchanges are still holding customer deposits, BitFinex has announced a new system designed to verifiably hold each account's funds separately on the blockchain.

'Another disaster waiting to happen'

The scale of the problem both are addressing is huge with 818,000 bitcoins being