
“The rush to build a more reliable exchange for the virtual currency bitcoin is under way after another price crash on Wednesday disgruntled customers who directed their anger against the alternative currency’s major exchange. This follows a 20 percent crash last Thursday which Mt.Gox blamed on a type of hacking attack called a distributed denial-of-service attack (DDoS) — which slows down the website — delaying orders and panicking sellers. Another DDoS was again reported by the exchange on Thursday morning, coinciding with another price drop.”
http://finance.yahoo.com/news/bitcoin-crash-spurs-race-create-141650753.html
Related posts:
Low Taxes, Lack of U.S. Crackdowns Add to Zug's Appeal
HK property developers push HK$1.3 billion in home loans to buyers
Turkey treating Iraqi Kurdistan ‘as independent’
Brazil becomes world’s 7th most violent country with 1 million murders in 30 years
Pope Francis warns Latin America against legalizing drugs
China: Sale of canned clean air skyrockets following smog red alert
‘We need a final solution,’ British columnist tweets after Manchester bombing
Police Chief Caught On Video Assaulting Shackled Inmate
Twitter: Government user data requests have risen 20 percent
German president, contra chancellor Merkel, says whistleblowers like Snowden merit respect
FICO Recalibrates Its Credit Scores, Targeting Easier Credit
NSA Spying Sparks Race to Create Offshore Havens for Data Privacy
Packed Seattle hearing on new pot law
Caretaker: 107 year old was scared during SWAT shootout
The Hole in Our Collective Memory: How Copyright Made Mid-Century Books Vanish