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Bitcoin exchange Mt. Gox files for bankruptcy: 90 Seconds on The Verge

2014-02-28
it's Friday February 28 2014 on Adrienne Jeffries and I invite you to join my new bagel exchange mount walks this is 90 seconds on the verge now GOx has filed for bankruptcy protection claiming 64 million dollars in liabilities the embattled Bitcoin exchange says it has lost close to 850,000 bitcoins which is worth about five hundred million dollars seven hundred and fifty thousand of those belong to customers and a hundred thousand were company assets mal Cox is currently under investigation by authorities in both the US and Japan and as for the digital currency itself it's lost about a third of its value since February first Microsoft is experimenting with a free version of Windows 8.1 the company is building a quote Windows 8.1 with thing which will bundle key Microsoft apps and services into a free or at least the low cost upgrade for Windows 7 users the experiment is part of a number of initiatives designed to push and monetize Microsoft's cloud services as well as get more people using the latest version of Windows Microsoft recently announced a major Windows 8.1 spring update with additional details to come at its annual build conference in early April and finally believe it or not there's a Minecraft movie in the works Warner Brothers has acquired rights to make a feature film based on the wildly successful sandbox photo it's actually a perfect fit for the studio which released the lego movie earlier this month that film has grossed nearly 300 million dollars worldwide financial details weren't disclosed but estimates have been in the range of six diamond blocks and a dozen or so golden carats that's it for today's top stories coming up tomorrow Saturday
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