Friday 7 February 2014

Mt. Gox suspends Bitcoin withdrawals, causes price to plunge

Mt. Gox suspends Bitcoin withdrawals, causes price to plunge
Feb 7th 2014, 16:53, by Jacob Kastrenakes

The popular Bitcoin exchange Mt. Gox is suspending withdrawals for an unstated period of time in order to perform maintenance. The exchange hopes to resolve withdrawal delays that some users have been complaining about for months now, which have allegedly held up transactions for weeks or longer. It began working to resolve the issues late last month — noting that only a "limited number of users and transactions" were impacted — but it now says that it's necessary to fully halt withdrawals in order to determine what's going wrong.

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