The value plummeted while transactions went up.
And make spending it worth your time
So Mt. Gox only lost 544,708 bitcoins to alleged theft; these 200,000 bitcoins went missing because stupidity.
Things just keep getting worst for Mt. Gox, formerly the world’s biggest Bitcoin exchange.
Things are even more dire for Mt. Gox than anyone guessed.
The troubled Bitcoin exchange confirms the bad news that’s been circulating in less substantiated form for days.
In an online chat, Mark Karpeles said a memo outlining the exchange’s $380 million loss was “more or less” legitimate.
The big question is whether it will also be its last.
The complicated story behind the currency designed to simplify money.