Bitcoin Competitors Coordinate to Protect the Industry

Bitcoin Competitors Coordinate to Protect the Industry

Coinbase has taken extraordinary measures to reassure its customers. MtGox is dead, insolvent, and lost 6% of all bitcoins in existence, or so the rumor goes. The only thing that is factually known at this time is that MtGox went offline with no announcement, after halting all trading immediately following the leak of this document that details the aforementioned rumors. The good news is that in response to MtGox going offline, an alliance of exchanges has arose to protect the interests of the Bitcoin technology, and jointly announced: In order to re-establish the trust squandered by the....


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