The bitcoin exchange Mt. Gox said that it lost 850,000 bitcoins because of hacking and has filed for bankruptcy. "I'm very sorry," the CEO said
Clients could file lawsuits, but the virtual currency is subject to very little regulation
“This could be the end of Bitcoin, at least for most of the public,” a leaked document says
Inaugural Bitcoin enthusiasts already include the "first" Indian e-Commerce store, Swiss dentist, HFT service provider, and public university to accept the currency.
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New rules prohibit financial institutions in China from trading, underwriting or offering insurance in bitcoin.