Bitcoin Price Falls Dramatically Following Mt. Gox Hacking Crisis

The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes. Trading was quickly suspended and visitors to the home page were redirected to a statement blaming the crash on a compromised user account. Mt.Gox The extent of the compromise became clear when a copy of Mt.Gox

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