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Speculators look to cash in on Bitcoin crisis

From money.cnn.com

One of the world's most prominent Bitcoin exchanges is in turmoil. But for some savvy investors, the crisis offers a big-time buying opportunity. The Bitcoin world has been buzzing over the past few days as Tokyo-based exchange Mt.Gox. has frozen withdrawals. A Bitcoin software glitch could allow thieves to steal its customers' bitcoins, and Mt.Gox has been unable to fix the problem. That means that owners of the digital currency who have accounts with Mt.Gox can't cash out, and many are now worried their deposits could be lost. The problem isn't affecting other leading Bitcoin exchanges, which have taken steps to ... (full story)

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  • Category: Breaking News