Mt.Gox site disappears, Bitcoin future in doubt

Things are not getting much better for MtGox, the once-largest Bitcoin exchange on the internet. The company has reportedly been subpoenaed by federal investigators in the United States, and their CEO has asked 

Manchin, who is a member of the Senate banking committee, suggested in the letter — titled "Manchin Demands Federal Regulators Ban Bitcoin" — that a complete prohibition was appropriate because Thailand, China, and South Korea have already enacted 

"Mt. Gox had to die for bitcoin to thrive. Its former role from early bitcoin days has been supplanted by better, stronger entities," said Marc Andreessen, a Web browser pioneer whose venture firm Andreessen Horowitz has invested about $50 million in

Following the implosive death of the Mt.Gox Bitcoin exchange, a number of key players in the cryptocurrency space banded together to release a statement..

Manchin, who is a member of the Senate banking committee, suggested in the letter — titled "Manchin Demands Federal Regulators Ban Bitcoin" — that a complete prohibition was appropriate because Thailand, China, and South Korea have already enacted