The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi36° Sunny

Tonight

Lo20° Increasing Clouds

Friday

Hi33° Chance Rain/Snow

Friday Night

Lo19° Slight Chance Snow Showers then Mostly Cloudy

Saturday

Hi34° Mostly Sunny

Saturday Night

Lo23° Slight Chance Snow

Sunday

Hi33° Chance Rain/Snow

Sunday Night

Lo21° Slight Chance Snow

Monday

Hi35° Slight Chance Rain/Snow

Monday Night

Lo21° Partly Cloudy

Bitcoin exchange’s fall could doom new currency

Send to Kindle
Print This

TOKYO — A major bitcoin exchange has gone bust after secretly racking up catastrophic losses, other virtual currency companies said today — a potentially fatal blow for the exotic new form of money.

The website of Tokyo-based Mt. Gox was returning a blank page today. The disappearance of the site follows the resignation Sunday of Mt. Gox CEO Mark Karpeles from the board of the Bitcoin Foundation, a group seeking legitimacy for the currency, and a withdrawal ban imposed at…

View my options or Sign in