In a huge blow to the Bitcon community, MtGox, the biggest Bitcoin exchange has gone offline following what is believed to be a hacker’s attack leading to loss of critical information which may affect the transactions of its customers.

More details available here

It is expected that the closure is temporary and the exchange may start functioning again shortly. However the exchange value of Bitcoin took a heavy beating and came down to around $437 creating concerns amongst the investors.

Naavi