Tag: Bitcoin

February 17, 2016 BY Mike Fox

Kraken announces significant progress in MtGox claims investigation

Global bitcoin exchange Kraken today shared that “significant progress” has been made in the investigation into claims from creditors of MtGox. In November 2014, Kraken was selected to assist Tokyo District Court-appointed Trustee Nobuaki Kobayashi in the bankruptcy investigation of missing Bitcoin, receiving claims and distributing remaining assets to creditors of MtGox. Today, the Trustee…

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February 01, 2016 BY Mike Fox

Bitcoin exchange Kraken inks multi-million dollar deal with Japan's SBI Holdings Inc to lead Series B

Today global bitcoin exchange Kraken announced a multi-million dollar agreement with SBI Investment, one of Japan’s leading and most respected venture capital firms, to invest in and lead the Series B round of financing in Kraken. SBI Investment is the venture capital arm of SBI Holdings Inc (TYO:8473), the world’s first internet-based financial conglomerate. The terms of…

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January 19, 2016 BY Mike Fox

Kraken, the SF-based global bitcoin exchange announces M&A acquiring Coinsetter and Cavirtex

Global bitcoin exchange Kraken today announced that they are acquiring major exchanges Coinsetter and Cavirtex. NYC-based Coinsetter, founded in 2012, is one of America’s most prominent national bitcoin exchanges, and Cavirtex, founded in 2011, is Canada’s first bitcoin exchange with unmatched historical trading volume in the country. With these two acquisitions, Kraken sets the stage for an…

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January 10, 2016 BY LeapRate Staff

Top Bitcoin Myths – #11: Bitcoin is too volatile

The following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] The value of Bitcoin has been indisputably volatile since its inception. Rising from only a few cents in 2010 to over $1,200 in 2013 then dropping down to $400 where it has remained for much of…

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January 07, 2016 BY Mike Fox

Bitcoin exchange and agency brokerage itBit achieves 300% growth in volumes in 2015 with clients in 115 countries

Today agency bitcoin trading service and exchange itBit unveiled their 2015 trading statistics with some milestone achievements. 2015 was an exciting year for itBit’s bitcoin trading services featuring many firsts and strong growth. In May, they launched their bitcoin exchange in the United States after becoming the first company in the space to receive a trust company…

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December 13, 2015 BY LeapRate Staff

Top Bitcoin Myths – #9: Bitcoin has no intrinsic value

The following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] It is commonly argued that Bitcoin has no intrinsic value. To address these concerns, it is important to first understand what defines value. In terms of a currency, value must meet the following criteria: Means of…

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