Wednesday, October 1st17.2°C
22738
23038

Head of troubled bitcoin exchange Mt. Gox says he's still in Japan, working on resolution

TOKYO - The head of troubled bitcoin exchange Mt. Gox says he is still in Japan and "working very hard" to find a solution to the Tokyo-based organization's problems.

The exchange has suspended trading and its website went blank Tuesday, sparking speculation that it has collapsed.

CEO Mark Karpeles says in two paragraph post on the website that he has the support of different parties in finding a "solution to our recent issues."

Bitcoin is an online currency that allows people to make transactions across borders without involving third parties such as banks or credit card issuers.

Karpeles asks that people refrain from asking questions of Mt. Gox staff.

The apparent collapse of Mt. Gox is raising questions about the future of the virtual currency.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14805.44-155.069
S&P CDNX896.35-12.94
DJIA16804.71-238.19
Nasdaq4422.085-71.305
S&P 5001946.16-26.13
CDN Dollar0.8957+0.0002
Gold1213.50-2.00
Oil89.18-0.58
Lumber344.10+6.30
Natural Gas4.02-0.101

 
Okanagan Companies
Pacific Safety0.135+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.22-0.04
Cantex0.075+0.01
Anavex Life Sciences0.1804-0.0036
Metalex Ventures0.0550.00
Russel Metals34.68+0.11
Copper Mountain Mining2.29-0.13
Colorado Resources0.16-0.005
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.31-0.01

 





FEATURED Property
2013262362 Stellar Drive
5 bedrooms 4 baths
$685,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_








Member of BC Press Council


23391