Exact(8)
On one popular exchange, Cryptsy, 60 different coins can now be traded.
After hitting a peak of $1,200 last year it tumbled to $130 last month after its most popular exchange, Mt Gox, collapsed.
But in reality that transaction was probably just the result of Bitstamp, a popular exchange, shuffling its own funds: most of the money came from accounts known to be used by the exchange, and ended back in similar accounts later on.
Island has recently made a name for itself as a marketplace for increasingly popular exchange traded funds.
Certainly the theft of $400 million worth of Bitcoin from popular exchange service, Mt.Gox, shook the industry.
This time EtherDelta, a popular exchange for buying cryptocurrencies, has suspended its service after it was apparently hit by an attacker.
While USD-to-BTC exchanges have been around for a few years, most are unregulated and run outside of the U.S. Some are even run anonymously, like the popular exchange BTC-E.
Yet, absent from Evans' post is the very latest news out of the virtual currency market: Late this afternoon, Bitcoin suffered from another serious setback, as the network's most popular exchange, Mt. Gox, collapsed thanks to a hacked account.
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