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Bitcoin plunges after marketplace indefinitely halts withdrawals

2014-02-11 01:00:15| Apparel - Topix.net

The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt.

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Solarcoin set on becoming bitcoin of the energy sector

2014-02-11 01:00:00| Power Technology

As the rise of BitCoin has shown, establishing a currency is no longer the sole preserve of governments and their central banks. Adam Leach looks at whether digital currency SolarCoin could boost solar power generation while also providing a windfall

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Bitcoin Foundation blames Mt. Gox for Bitcoin's troubles

2014-02-10 22:56:57| InfoWorld: Top News

A problem identified by Mt. Gox as a bug in Bitcoin software is actually a longstanding technical issue Mt. Gox should have prepared for, the Bitcoin Foundation said Monday. Mt. Gox blamed problems with its currency exchange on a bug in Bitcoin's software allowing for so-called "transaction malleability," giving people the ability to change Bitcoin transaction details after the fact. Fraud could be the outcome and Bitcoin's value has been on a downward spiral since Mt. Gox called out the problem Monday after suspending transactions last Friday.

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Mt. Gox tries to pin its own incompetence on Bitcoin bug

2014-02-10 20:02:11| Extremetech

Mt. Gox released a statement today claiming that its shutdown was due to a fundamental flaw in the Bitcoin protocol. Multiple programmers are already pushing back hard against that, noting that these issues are unique to Mt. Gox's flawed implementation.

Tags: bug pin bitcoin

 

Bitcoin price plunges as Mt. Gox says flaw in protocol allows fraud

2014-02-10 13:33:46| InfoWorld: Top News

Bitcoin software has a bug that allows fraud, Tokyo-based bitcoin exchange Mt. Gox said Monday. The news was followed by a new fall in the value of the digital currency. Mt. Gox said it will continue its suspension of bitcoin transfers from wallets it holds to external bitcoin addresses, announced Friday, while it works to resolve the problem. Conversions of bitcoins to conventional currencies and bitcoin transfers to other Mt. Gox addresses are not affected.

Tags: price fraud protocol flaw

 

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