ICYMI: The world of Bitcoin encountered a colossal fart-and-fall-down moment with the landslide of Mt. Gox.
And ICYMI too, Mt. Gox is an acronym for “Magic the Gathering Online Exchange,” because it originally served as a trading hub for cards from a fantasy game. (Please, like we are smart enough to make that up.)
Anywho, Mt. Gox was the world’s largest database of Bitcoin — a uber-nerdy peer-to-peer cryptocurrency. According to Daily Tech, 25,000 Bitcoins were transferred from 478 accounts via the highly trustworthy Mt. Gox. Later, Mt. Gox “admitted a major breach” and has shut down.
In all, approximately $8.75M USD worth of Bitcoins appear to have — at least temporarily — been stolen in the intrusion.
So, how is the just as trustworthy Transportation Security Administration involved? You’ll love this. Read more