The World's Largest Bitcoin Exchange Looks Like It's Malfunctioning

Advertisement

Bitcoin is down big, approximately 25% from today's highs.

Advertisement

That's causing major problems on Mt.Gox, the world's largest Bitcoin exchange. The price is stuck at $877. Some have suggested there is simply a lag in the site processing trades.

The platform seems to have entered a bizarre cycle, flipping back and forth between $877 and about $830. Here's what it looks like:

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

mt.gox

Bitcoinity/reddit

ClarkMoody.com, a site that tracks Mt.Gox trades, is still going. It shows trades haven't broken through $800. We have no way of verifying whether they are accurate.

Advertisement
Next StoryThere's A Flashlight App For Android That The FTC Says Is Giving Away Your Personal Information