mtgox

4

Why cyber currency Bitcoin is trading at an all-time high

http://money.cnn.com

Bitcoin sounds like something from science fiction: A purely digital currency, created by an anonymous hacker, that operates outside the world's traditional banking systems. The four-year-old currency is very real, though, and it's trading an all-time high, tripling in value in the last two months alone. One bitcoin is was worth about $40 U.S. dollars on Tuesday, and surged on Wednesday to nearly $49. That's up from around $13 in January, and 5 cents in 2010, according to Mt. Gox, the bitcoin market's main exchange.

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Cyphase's picture
Created by Cyphase 1 year 37 weeks ago – Made popular 1 year 37 weeks ago
Category: Money   Tags:
3

In bid for credibility, largest BTC exchange moves to Silicon Valley

http://arstechnica.com

The world's leading Bitcoin exchange, Mt. Gox, has announced a partnership with the Silicon Valley startup Coinlab. Under the agreement, Coinlab will handle Mt. Gox's American operations, which account for a large majority of the exchange's business. The transition will occur on March 22. CoinLab raised half a million dollars of venture capital last year. At the time, the firm was touting a scheme to exchange bitcoins for currency in games such as World of Warcraft and Second Life. Taking over Mt.

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Cyphase's picture
Created by Cyphase 1 year 38 weeks ago – Made popular 1 year 38 weeks ago
Category: Money   Tags:

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