bitcoin

Popular Bitcoin exchange Mt. Gox hacked, prices drop to pennies

The most popular exchange of Bitcoin online currency, Mt. Gox, on Sunday admitted it had been hacked. It made the announcement after the price of Bitcoins dropped from $17 to nearly zero in a matter of minutes. The sell off happened after a Mt. Gox account with a large amount of Bitcoins was hacked, and the hacker sold all Bitcoins in that account.