Bitcoin Exchange goes offline

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

Print Friendly, PDF & Email

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
This entry was posted in bitcoin. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.