Sunday, February 1, 2015   

Bitcoin industry defends itself
(02-26 08:55)

The heads of the major operating bitcoin exchanges issued a joint statement Tuesday saying the collapse of Mt Gox based in Japan was a “tragic violation of the trust of users'' that “does not reflect the resilience or value of bitcoin and the digital currency industry.''
“As with any new industry, there are certain bad actors that need to be weeded out,'' the statement said.
“We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the internet age.''—AFP
   
Other Business breaking news:
Eurozone deflation accelerates in January (01-30 18:10)
German retail sales grow for fifth year in row: data (01-30 17:32)
Spanish economy grows by 1.4 percent in 2014: stats office (01-30 17:19)
Taiwan's economy slows in fourth quarter 2014 (01-30 17:03)
European stocks rise at open (01-30 17:02)
Hang Seng ends lower (01-30 16:16)
Honda cuts full-year profit forecast (01-30 15:14)
Japan's biggest airlines project smooth annual earnings (01-30 15:13)
Nikkei finishes higher (01-30 15:01)
Japan unemployment rate down in December (01-30 12:23)

More breaking news >>

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