Friday, February 27th1.1°C
25154

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

25195


Recent Trending




Today's Market
S&P TSX15328.88+87.72
S&P CDNX703.68+2.75
DJIA18191.11-23.31
Nasdaq4980.837-7.053
S&P 5002110.68-0.06
CDN Dollar0.7997+0.0006
Gold1203.00+6.10
Oil51.42+1.03
Lumber295.50+0.50
Natural Gas2.895-0.007

 
Okanagan Companies
Pacific Safety0.12+0.005
Knighthawk0.010.00
QHR Technologies Inc1.55-0.03
Cantex0.035-0.005
Anavex Life Sciences0.19+0.001
Metalex Ventures0.035-0.005
Russel Metals25.66+0.36
Copper Mountain Mining1.29+0.03
Colorado Resources0.15+0.015
ReliaBrand Inc0.0087+0.0017
Sunrise Resources Ltd0.05+0.015
Mission Ready Services0.215+0.005

 



25195

FEATURED Property
2208856170 Benchview Road
4 bedrooms 2 baths
$389,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


It's OK to say 'I'm sorry'

Photo: ContributedStand-up comedians and sitcoms have been making fun of Canadians for being polite as long as I can remember. Being known for our niceness is certainly not a bad thing and I wish more...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


24697