Republished: Joint Statement Regarding Mt. Gox
Author note: This is the republishing of the joint statement first distributed by Coinbase on the evening of 24 February. In this statement, Mt. Gox has essentially been exiled by other major players. Things aren't looking particularly good at the moment. For immediate distribution: February 24th, 2014 - 10:00 PM ET. The purpose of this document is to summarize a joint statement to the Bitcoin community regarding the insolvency of Mt. Gox. This tragic violation of the trust of users of Mt. Gox was the result of one company's abhorrent actions and does not reflect the resilience or value of....
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Edited: Coinbase has retracted the world "insolvency" from their original post. The statement, published also at Blockchain.info, still contains the word in the title. Edited: Blockchain.info has edited their title to remove the word "insolvency". An interesting blog post just crossed our news desk. It comes from Coinbase, who have just issued a joint statement relating to Tokyo-based Mt. Gox. The news comes just hours following a blogger's post that the exchange lost thousands of bitcoins. The post was followed up with a "Situation crisis strategy", which is not confirmed to be real. At....
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Reddit is currently aflame with the news that everyone's favorite Bitcoin Exchange: Mt. Gox, has disabled trading. Couple that atrocious situation with a blank twitter feed and it is no wonder that peoples' imaginations will run wild. One of the only things we know for certain is thatMark Karpeles has resigned from the Bitcoin Foundation amid large public uproar. The other thing we know is that trading is disabled and market volatility until this thing gets sorted out is also a given. UPDATES: Coinbase posted a blogpost detailing a Joint Statement Regarding Mt. Gox with Circle, Kraken,....