The price of bitcoin has jumped more than 30 percent in the past week. Is this the new normal?
Major bitcoin trading exchange Mt. Gox has gone offline with little warning or information, leaving those with money in the exchange wondering if they’ll ever get their bitcoins back. The volatility at Mt. Gox has shaken the Bitcoin community, with some of the leading Bitcoin companies scrambling to restore faith and integrity in the cryptocurrency
Here is what’s going on with Bitcoin, from Mt. Gox to Winkdex to bitcoin ATMs.
Mt. Gox issues statement blaming issue on a bug in Bitcoin software, causing prices to drop.