Coingrounds aka Bit-U – First Ever Bitcoin Bail-In

Today Silfax, the dev behing the PTS Exchange CoinGrounds (later renamed bit-u) announced that customers would not be receiving any of their PTS back, and would be receiving 58% of their BTC back.   Re: Potential Scammers: Silfax, bit-u.com, Coingrounds.com, DigitalOcean « Reply #27 on: Today at 05:08:04 PM » Quote Update – so Digitalocean is being rather…

MtGox – All about delays

4 Months for a SWIFT Withdraw 8 Weeks for a SEPA Transfer 1 Week for a Japanese Domestic Withdraw 5 Days for a BTC Withdraw   Any other financial company in the world would go out of business with a track record like that. Finally got the last of my BTC out of gox after…

New All Time High Reached on MtGox

MtGox has exceeded it’s previous All Time High of $266. Primarily fueled by China’s rapid adoption of bitcoin in the last month or so.   Earlier today Coinbase was actually higher than MtGox, but not at the point of ATH.