Troubled Bitcoin exchange Mt.Gox, once the largest of its kind, filed for bankruptcy protection last week.Today, the exchange released a statement that confirms approximately 750,000 Bitcoins deposited by users and about 100,000 Bitcoins belong to Mt.Gox had disappeared in February.This acknowledgment comes after a document claimed to be leaked out of Mt.Gox was circulating within the Bitcoin community last week, which suggested 750,000 Bitcoins had been lost.In an update to its financial situation published on its site, Mt.Gox notes that the discrepancy between the amount of cash held in financial institutions and the amount deposited from Mt.Gox’s users come in at about 2.8 billion yen ($27.6 million) — though the exact amount of missing deposit funds and the total amount of Bitcoins that disappeared still can’t be fully confirmed as of now.Gox CEO Mark Karpeles says that there was a “high probability” that the Bitcoins had been stolen due to the abuse of a bug in the Bitcoin system.

“At the start of February 2014, illegal access through the abuse of a bug in the Bitcoin system resulted in an increase in incomplete Bitcoin transfer transactions and we discovered that there was a possibility that Bitcoins had been illicitly moved through the abuse of this bug,” he says.In the statement, Karpeles acknowledges the problem could have stemmed from a variety of causes including hacking by third parties.“We have asked an expert to look at the possibility of a criminal complaint and undertake proper procedures,” he says.Gox’s sudden shutdown and subsequent filing for bankruptcy protection have dealt a heavy blow to the Bitcoin industry.Pre-empting such a response, the heads of six of the world’s biggest Bitcoin exchanges earlier penned a letter in response to reports of Mt.Gox’s impending insolvency, in a bid to reassure Bitcoin investors.Gox says that “all efforts will now be made to restore the business and recover damages to repay debts to creditors.” As it needs to continue its business to increase repayments to its creditors, the company has opted for bankruptcy protection — or what is known as civil rehabilitation in Japan.

“Rebuilding MtGox Co., Ltd under the supervision of the court in a legally organized procedure while giving proper explanations will not be for the sole benefit of the company but for that of the whole Bitcoin community,” Karpeles says.bitcoin mlm software➤ Statement on Mt.litecoin mining chartGox site Headline image via Yoshikazu Tsuno/AFP/Getty Images Read next: Kickstarter passes $1 billion in pledges, with more than half pledged in the last 12 monthsbitcoin mlm softwareGox, once the dominant exchange for bitcoin trading, on Friday said more than $470 million of the virtual currency vanished from its digital coffers, kicking into high gear a search for the missing money by victims and cybersleuths.top 5 litecoin pool

Acting alone and in groups, the people stepped up their efforts after Mt.Gox filed for bankruptcy protection in Japan and confirmed rumors it had lost almost 750,000 of its customers' bitcoins, as... Most Popular Videos Film Clip: 'The Big Sick' Lower Your Wireless Bill With These Tips 'Bridge Crew': Voice Command Comes to 'Star Trek' VR Videogame A New Road to Income: Barron's Buzz Opinion Journal: Macron vs.opencl sdk bitcoinI've been a proponent of Bitcoin for a while now - I think that the currency is still in its infancy and certainly has its risks, but long term will be hailed as a very important innovation.dogecoin watchUnfortunately, it looks like that road is going to be long and filled with plenty of big potholes, as the breaking story of Mt.transfer bitcoin to skrill

Gox's downfall, as well as CEO Mark Karpeles' own demise, shows.But tonight, we may have received the final chapter of Mt.buy bitcoin in edmontonGox's last saga, courtesy of a Bitcoin blogger known as "The Two-Bit Idiot".kurs bitcoin aktuellHe posted a chillingly titled entry earlier today titled "Bitcoin’s Apocalyptic Moment: Mt.Gox may have lost 750,000 bitcoins", referencing a leaked document obtained from "an otherwise reliable source."750,000 BTC equals about $375 million at today's exchange rate.As of a few minutes ago, he has posted another update, linking to the document.Here is a key passage from the document, which may be found here: Publicly, MtGox declared that “transaction malleability” caused the system to be subject to theft, and that something needed to be done by the core devs to fix it.Gox’s own workaround solution was criticized, and eventually a fix was provided by Blockchain.info.

The truth, it turns out, is that the damage had already been done.At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years.The cold storage has been wiped out due to a leak in the hot wallet. It should be noted that the document's source has not been verified.It will surely be making the rounds through social media and the blogosphere over the next few hours.The document is in the form of a Powerpoint presentation, and contains the title "Crisis Strategy Draft".Here is the first slide: The presentation then goes on to outline a plan for mitigating the damage to the company Mt.Gox, as well as the public image of Bitcoin in general.One slide even contains specific dates for public announcements to come: Again, the validity of this document has not been confirmed, but it would be a very convincing fake if it did turn out to be a hoax.And it certainly wouldn't be surprising, given the public demise of the once esteemed exchange, the halting of withdrawals, and the (currently) over $400 spread between Mt.

Gox's exchange price and others.This also comes on the heels of Mt.Gox suspiciously blaming their woes on a Bitcoin vulnerability that turns out not to be a vulnerability at all.But given the hard dates presented in the document, we should know soon enough.Either way, the release of this material should be taken seriously by Bitcoin enthusiasts and investors.Gox blazed a trail as the first major exchange of the currency, persevering through ups and downs, in addition to countless DDOS attacks and panics.It was used as the bellwether for the price of Bitcoin, and was used by countless ticker and chart websites online.Yet it seems that sheer negligence may be its downfall in the end, if this release about cold storage Bitcoins being leaked ends up to be true.Bitcoin investors may want to buckle down - while the currency will surely survive, the price charts may be very rough for the weeks to come.EDIT (2-24-14 10pm): It looks like trading on Mt.Gox has been halted, with Bitcoinity reporting that the last trade was executed about an hour ago: EDIT (2-24-14 10:18pm): The other major Bitcoin exchanges have released a joint statement via the Coinbase website, saying that "This tragic violation of the trust of users of Mt.Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry."