Bitcoin Exchange Mt. Gox Stops Trading For 12 Hours After Massive Drop

By  |  April 11, 2013
 | 

Mt. Gox, the world’s largest bitcoin exchange, halted trading for 12 hours Thursday after a giant drop in bitcoin value, reports VentureBeat.

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    Trading ceased from 7 a.m. PST to 7 p.m. PST after bitcoins lost over half of their value on Wednesday. On Thursday, bitcoin hit a low of $105 and was trading at $123.40 on Mt. Gox at the time of posting.

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