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Bitcoin suspends US dollar exchanges
Saturday June 22,2013 : BITCOIN EXCHANGE 'TEMPORARILY' SUSPENDS U.S. DOLLAR DEALS
Tokyo-based Mt. Gox apparently battles to keep pace with demand
In a move that it claims is due to excessive demand presumably overloading its systems, the main Bitcoin exchange, Tokyo-based Mt. Gox, has 'temporarily' suspended U.S. dollar withdrawals on its system for at least the next two weeks.
The virtual currency exchange said in a statement this week that rising volumes of deposits and withdrawals from 'established and upcoming' markets have created an overload on its systems.
The statement, issued June 20 on the Mt. Gox website says that the volume of transactions has "...made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers.
"This is especially so for those in the United States who are requesting wire transfer withdrawals from their accounts. We are currently making improvements to process withdrawals of United States Dollar (USD) denominations, and as a result are temporarily suspending cash withdrawals of USD for the next two weeks.
"Please be reassured that USD deposits and transfers to Mt. Gox will remain unaffected, as will deposits and withdrawals in other currencies, and we will be resuming USD withdrawals once the process is completed."
The statement goes on to reveal that the exchange is about to debut “....a dramatically improved trading engine."
Earlier this month Bitcoin took a hit when the US Department of Homeland Security seized its Dwolla account on grounds that that company had not registered as a money transmitter
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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