Japan-Based Bitcoin Exchange Glitch Unsettles World

from online.wsj.com: Prices of bitcoin have recently fluctuated on factors ranging from government regulation to the virtual currency’s acceptance by real-world retailers. Now add another driver: perceived technical glitches. A leading bitcoin exchange Monday blamed a long-unresolved technical issue for its decision to abruptly halt customer withdrawals last week. Prices of bitcoin were sent reeling to their lowest level in two months Monday — quickly falling to below $550 from Friday’s close of $703.57

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