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Mt. Gox was an online Bitcoin exchange, based in Tokyo. Prior to it being shut down in 2014, Mt. Gox was the largest Bitcoin exchange in the world, handling up to 70% of all Bitcoin transactions. In 2014, however, the exchange was suddenly closed and its owners filed for bankruptcy after 850,000 bitcoins ($460 mln at the time) have been stolen from the exchange by hackers. The attack was later revealed to have been made possible by the company's owners' poor management, neglect, and inexperience. The incident still serves as a reminder for many startups in the Bitcoin industry about the necessity of adequate security measures.
Crypto traders are due to file a lawsuit Thursday against hacked crypto exchange Coincheck after the company froze crypto withdrawals
Blockchain tech has been around for 10 years, and yet it still has not changed the world like it promised.
Coincheck has promised to refund all 523 mln NEM stolen in recent hack, faced by support from local community.
A new research paper has shown that a single actor was responsible for the 2013 BTC price spike from $150 to $1000.
Crypto investing has opened the door for many people but it still not a flawless system.
Cryptocurrencies are going to be a significant part of the financial landscape going forward and existing problems, lack of liquidity, outdated technologies, b...
Earlier this week, a major South Korean Bitcoin exchange Youbit suffered a large-scale security breach during which one-fifth of user funds were stolen.
Much to-do has been made about privacy and data security, but consumers might actually allow companies to track their browsing in return for payment.
Community is outraged that former Mt. Gox CEO Mark Karpeles wants to run an ICO to raise $245 mln to revive Mt. Gox, after losing $8 bln in user funds.
Tether supply increases rapidly in just two weeks, leading to concerns about validity of the token’s dollar peg.
A new survey asks when Americans would sell all their Bitcoin holdings and other questions.
This year’s stunning price increases fit all the hallmarks of a bubble. Still, many think it’s different this time.
The continuous growth of cryptocurrencies comprise technical difficulties as well as problems exterior to cryptocurrencies themselves, including a lack of clear...
Bittrex has apparently disabled thousands of user accounts with no explanation, no response to support tickets.
A staggeringly huge market, with Google and Apple taking a 30%+ cut of the profits, is ripe for disruption.
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