Saturday, October 25, 2014   

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:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

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