MT-GOX, once regarded as the World’s biggest Bitcoin exchange, suddenly stopped trading last Tuesday. The spokesperson for MT-GOX affirmed the news, indicating that the business was at a “turning point”, which parked concern about the upcoming future of the virtual currency.
Bitcoin the Virtual currency in the last two days falled heavily from 900 levels to sub 700 levels and looks like some one had pressed the panic sell button. Mt. Gox, one of the world’s biggest Bitcoin trading exchanges, has temporarily suspended all Bitcoin withdrawals with immediate effect.