Tag Archives: bitcoin

Police confirm S’pore bitcoin exchange CEO found dead

Singapore police have confirmed that Autumn Radtke, the American CEO of Singapore bitcoin exchange First Meta, was found dead in her home late last month. Police had received a call on 26 February at about 7.05am requesting for assistance at Block 8 Cantonment Close. When they arrived, they found 28-year-old Radtke lying motionless in her apartment.

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Bitcoin plunges after marketplace indefinitely halts withdrawals

The price of the digital currency bitcoin slid to its lowest level in nearly two months yesterday (Feb 10) after bitcoin digital marketplace Mt Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected “unusual activity”. The bitcoin price varied dramatically from one exchange to another, with Tokyo-based Mt Gox, the best known operator of a bitcoin digital marketplace, recording one of the biggest drops for the day. On the Mt Gox platform the currency plunged to as low as US$500 (S$640) early on Monday, down more than 27 per cent from Friday’s final price of US$692, according to the Mt Gox website. It last traded at US$595.74, off nearly 14 per cent from Friday.

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As the use and popularity of the cyber currency the Bitcoin increases, Singapore is going to get it’s first Bitcoin ATM next month. The Singapore company Bitcoin Exchange will be bringing in a bitcoin machine but is currently still deciding the best location to put it. The bitcoin is supposed to be attractive because of its global use and convenience as well as the lack of fees involved in transferring and using it.

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