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Major Bitcoin Exchange Ceases Operation

Posted by Unknown on from the but-mom-money-does-grow-on-gpus dept.

First time accepted submitter Sabbetus writes "On Monday the CEO of prominent Bitcoin exchange Tradehill announced that they are shutting down. Ars Technica ran a story on this stating that 'After Monday's news, the currency's value fell from $5.50 to $4.40, a decline of 20 percent.' Tradehill is returning all funds and meanwhile their competitors are fighting over who gets Tradehill's customers."

1 of 208 comments (clear)

  1. Oh well. by Beelzebud · · Score: 1, Redundant

    And nothing of value was lost.