The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content


(Jim Urqhart/Reuters)

Bitcoin reels as hackers, Apple deliver body blows

Mt. Gox, the Tokyo-based exchange that helped turn the virtual currency known as bitcoin into a tradeable commodity, is teetering on the edge of the abyss. The site froze all withdrawals Friday in the wake of some unusual transactions, which it subsequently blamed on a serious flaw in bitcoin’s computer code.