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Any of you using Bitcoin?  Are you nervous after what happened on Tuesday?

 

 

Early Tuesday morning, troubled Bitcoin exchange Mt. Gox abruptly halted trading altogether, following months of increasingly lengthy delays in processing withdrawals for users cashing out bitcoins they stored at the exchange. The precipitating event: A document alleging that Tokyo-based Mt. Gox has suffered an enormous and extended bitcoin theft—one amounting to 744,000 bitcoins, or about $380 million, over the past two years—that rendered the exchange insolvent, or nearly so.

 

The Mt. Gox Implosion Is Bitcoin's First Financial Crisis

 

 

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