Two Major Bitcoin Exchanges Halt all Withdrawals, Value Tumbles to $644

On 10th February 2014, the worlds largest Bitcoin exchange – Mt. Gox – announced that it would be halting all withdrawals indefinitely. On Tuesday, a second major Bitcoing exchange - Slovenia based Bitstamp – announced that they too would be stopping all withdrawals, citing inconsistent results and a Denial-of-Service (DoS) attack by hackers as the reason for doing so.

Bitcoin is being hit by attacks from unknown computer hackers who ...

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