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Mt. Gox, Mizuho Bank and Mark Karpeles deeper in Bitcoin legal soup

Mt. Gox, Mizuho Bank and Mark Karpeles deeper in Bitcoin legal soup

The story spinning around Mt Gox, Mark Karpeles and Jed McCaleb and their alleged Bitcoin fraud has enough spice in it to be called Daytime Soap. Each day brings in new twists and turns to the plot and has all of us hanging on the edge of our seats. The latest development in the story is that folks in Canada and the U.S. have filed a class-action suit for fraud that kind of negates Mt Gox’s bankruptcy blanket for the moment.

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Sina Weibo plans half-billion US IPO

Sina Weibo plans half-billion US IPO

Weibo, the Twitter-esque micro-blogging site owned by Chinese Sina Corp is taking advantage of the upward investing trend set by U.S. investors. Just this Friday the Chinese company filed papers that will allow them to raise $500 million through a U.S. initial public offering. On the surface it sounds very promising that Westerners get to trade in an Eastern Pie, however there are several Governmental restrictions that need to be considered before investing.

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Berlin beats others to get first city domain

Berlin beats others to get first city domain

Berlin has many bragging rights, but the latest among them is a world's first: scoring the first city domain name. Starting March 18, applicable websites will be able to use the .berlin domain suffix, adding an element of description that gives browsers an immediate idea of the website's focus.

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Apple’s Union Square store approved

Apple’s Union Square store approved

Today San Francisco's Planning Commission and Board of Supervisors finalized Apple's Union Square store plans, giving it a thumbs up on its plan to construct a new store set to trump New York's notable glass cube Apple Store. Word on when construction will kick off has it pegged for summer.

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Mt. Gox files for US bankruptcy amid new hacker claims

Mt. Gox files for US bankruptcy amid new hacker claims

Hacked bitcoin exchange Mt. Gox has filed for Chapter 15 bankruptcy protection in the US, having already filed in Japan last month, and seen its CEO's blog vandalized with claims of exactly how much of investors' virtual cash was lost. The bankruptcy filing, on Sunday, March 9th, follows revelations by Mt. Gox that hackers broke into its digital vaults and drained them, leaving the Japanese company $63.6m in debt.

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Bitcoin creator unmasked in controversial report

Bitcoin creator unmasked in controversial report

The creator of Bitcoin has allegedly been found, with a controversial investigative report hunting down the man believed to be Satoshi Nakamoto at his home in California. Nakamoto, the elusive creator of the virtual currency that has made headlines, frustrated investors, prompted government investigations, and threatened to revolutionize the finance markets, has historically tried to distance himself from his work, but has been tracked down with the help of model trains.

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