The world's biggest bitcoin exchange, Mt. Gox, has gone offline after reporting a massive theft. Bitcoin traders have been picketing Mt. Gox' office in Tokyo.
What goes up must come down, old wisdom has decreed. Does it apply to the best-known digital token, Bitcoin? As the cryptocurrency's value has seen many ups and downs recently, we chart its dramatic journey to date.
Consumers, retailers and the Japanese government are all committed to the widespread adoption of virtual currencies – although concerns linger that the craze for virtual cash may pass. Julian Ryall reports from Tokyo.
For the first time, a portion of the bitcoin trading market will take place on major US exchanges. None of the new trading options involve ownership of the cryptocurrency but will be based on derivatives contracts.
The former head of the failed Japan-based bitcoin exchange Mt. Gox pleads not guilty to charges of embezzlement and data manipulation. Investors around the world are still looking for their money.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version