Thursday, April 17th11.2°C
17283
20426

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 TSX14498.38+51.86
S&P CDNX996.78-1.19
DJIA16442.5717.72
Nasdaq4106.774+20.549
S&P 5001868.33+6.02
CDN Dollar0.9083+0.0006
Gold1293.80-9.2999
Oil104.18+0.42
Lumber329.70+0.90
Natural Gas4.722+0.192

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.27+0.05
Cantex0.055+0.01
Anavex Life Sciences0.365-0.01
Metalex Ventures0.08+0.005
Russel Metals30.65+0.10
Copper Mountain Mining2.37-0.05
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.20-0.03

 
19691


20151

FEATURED Property
1868378421 Wigglesworth crt
7 bedrooms 4 baths
$485,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...


Quick and nimble

Photo: ContributedFor many businesses this has been a tremendously difficult time since the 2008 crisis. Business fell off. Sales techniques that always worked, well… stopped working. Customers...

_



21604

21641


Member of BC Press Council


21188