
“Mt. Gox, owned by a company called Tibanne Ltd, was the largest bitcoin-fiat currency exchange from 2010 until last year. It started life in 2009 as a place for players of Magic: The Gathering to trade cards. Tibanne is run by Mark Karpeles, who acquired the exchange from founder Jed McCaleb in 2011. In its four-year history, the pioneering exchange has suffered hacking attempts, DDOS attacks, and the same regulatory issues that have plagued other bitcoin businesses. Along with technical issues, the glare of law enforcement’s spotlight since April 2013 has seen Mt. Gox’s US dollar market-share plunge from over 70% in April to about 19% now.”
http://www.coindesk.com/mt-gox-first-bitcoin-exchange-dead/
Related posts:
The Fed's Bailout Of Europe Continues With Record $237 Billion Injected Into Foreign Banks In Past M...
Europe: Cliff Ahead?
Employment Ratios: Total, Men, and Women
Cops Break Into Innocent Man’s Home, Taser Him to Death in the Shower
Financial Considerations for Expats
The Thieves Who Steal Sunken Warships, Right Down to the Bolts
The EU's Copyright Proposal is Extremely Bad News for Everyone, Especially Wikipedia
Governor Kills Funding For Florida Snitch Program
Israeli airstrikes hit Damascus military site, city's airport - reports
Bank Of England Outs Itself Lying About EU Referendum
GreenBank Capital makes first Bitcoin angel investment
50 Signs That The U.S. Health Care System Is A Gigantic Money Making Scam That Is About To Collapse
Puerto Rico: We’re Watching this Offshore Tax Haven
RoboCoin’s Bitcoin ATM lets you buy Bitcoin with cash: ‘grandma friendly’
Stop Ray Kelly from leading Homeland Security Department