More twists in the bizarre Bitcoin theft scandal still sweeping the webdom. After the recent fall of mighty Mt. Gox as the CEO Mark Karpeles personal blog called MagicalTux.Net aparantly has been hacked, along with his Tumblr and Reddit accounts. The current controller of these accounts used them to post a" that claims to show "relevant database dumps, csv exports, specialized tools, and some highlighted summaries compiled from data. We wouldn't recommend downloading the file or running its included executable (pictured above, it claims to be from Mt. Gox parent company Tibanne Ltd.), but some already have.

Several bloggers who posted on Reddit and Twitter report they've verified their personal account balances with the data in it – in addition an Excel Spreadsheet was made available and tied to the user id included in their first Mt. Gox registration e-mail. As yet no one has commented on the database leak, but Mt. Gox has updated its website tonight with a spam warning PDF claiming that phishing emails are being sent to former users. Considering that personal details may be among data loosed from the exchange's servers, if you used the same password on and other sites, we'd recommend changing it right away. Source

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Bitcoin has in recent months, received increased interest and gained wider acceptance as payment method, it has also has picked up a growing volume of large venture capital investors. The current price of around US$517 per bitcoin, the total estimated circulation is worth an approximate US$6.4 billion.

Published in Research & Trends
Wednesday, 26 February 2014 14:28

Official Joint Statement Regarding Mt.Gox


This is a copy of the original Statement Regarding Mt. Gox that was Posted on February 25, 2014 by the Blockchain Team

For immediate distribution: February 24th, 2014 — 10:00 PM ET

The purpose of this document is to summarize a joint statement to the Bitcoin community regarding Mt.Gox.
This tragic violation of the trust of users of Mt.Gox was the result of one company’s abhorrent actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin. These companies will continue to build the future of money by making bitcoin more secure and easy to use for consumers and merchants. As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.

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