17 Apr '13, 11pm

Bitcoin exchange Bitfloor is no more, has halted trading and promises to return user funds

If you are a Bitcoin advocate, fan, or users, this isn’t good news: bitfloor is shutting down . During the Great MtGox downtime and trading halt , smaller exchanges, such as bitfloor, provided valuable market liquidity. No more, for bitfloor. In a terse statement on its website, bitfloor cited “circumstances outside of [its] control” as reason for the shutdown. In short, the company’s US bank account is “scheduled to be closed,” and thus bitfloor cannot “provide the same level of USD deposits and withdrawals as we have in the past.” Operations are kaput, and the company will “return all funds.” Users will undoubtedly be worried about their sums until the return safely to their normal accounts. Bitcoin has enjoyed a riotous few weeks, blasting forward in value to the $266 mark before cratering . The coins are currently trading at $84. That said, the market for their trading...

Full article: http://thenextweb.com/insider/2013/04/18/bitcoin-exchange...

Tweets

Bitcoin exchange Bitfloor is no more, has halte...

thenextweb.com 17 Apr '13, 11pm

If you are a Bitcoin advocate, fan, or users, this isn’t good news: bitfloor is shutting down . During the Great MtGox dow...

Bitcoin exchange BitFloor shuts down again: The...

pcworld.com 18 Apr '13, 8am

The largest Bitcoin exchange in the U.S., BitFloor, has closed again, this time due to issues with its bank account, accor...

BitCoin Exchange BitFloor Shuts Down

zerohedge.com 18 Apr '13, 12pm

Bitcoin exchange BitFloor is closing its doors, halting trading and announcing that it will return everyone’s funds. In an...

US Bitcoin exchange BitFloor shuts down again

pcworld.com 18 Apr '13, 8am

The largest Bitcoin exchange in the U.S., BitFloor, has closed again, this time due to issues with its bank account, accor...

Bitcoin exchange BitFloor shuts its doors, prom...

theverge.com 18 Apr '13, 2am

Bitcoin exchange BitFloor is closing its doors, halting trading and announcing that it will return everyone’s funds. In an...

Bitcoin exchange BitFloor halts operations, shu...

news.cnet.com 18 Apr '13, 12am

The recent Bitcoin rollercoaster ride has come to an end for one exchange. Bitcoin exchange BitFloor announced Wednesday i...

Bitcoin exchange BitFloor halts operations, shuts down

Bitcoin exchange BitFloor halts operations, shu...

news.cnet.com 18 Apr '13, 12am

The recent Bitcoin rollercoaster ride has come to an end for one exchange. Bitcoin exchange BitFloor announced Wednesday i...

Bitcoin exchange Bitfloor closes, gives its users their money back

Bitcoin exchange Bitfloor closes, gives its use...

wired.co.uk 18 Apr '13, 10am

That's where it was before the mad spike of late March and early April, which saw it reach a high of more than £170 per bi...

Bitcoin drama continues; Bitfloor is shutting d...

twitter.com 18 Apr '13, 6am

Bitcoin drama continues; Bitfloor is shutting down all operations and Blockchain․info is down. http:// thenextweb.com/insi...

There is no term but "fucking idiot" for this a...

news.com.au 18 Apr '13, 4am

It makes perfect sense. Worldwide adoption of Bitcoin would eliminate most of the functions and costs of banks. No more gi...

Bitfloor, number four Bitcoin-based exchange, s...

arstechnica.com 18 Apr '13, 2pm

On Wednesday evening, Bitfloor , the number four Bitcoin-based exchange (behind Mt. Gox, BTC-E, and Bitstamp) announced th...

Largest U.S. Bitcoin Exchange Shuts Down

mashable.com 18 Apr '13, 4pm

Bitfloor, the largest Bitcoin exchange in the U.S., has shut its doors. Bitfloor said it would cease trading operations an...

Bitcoin Exchange Halts, Citing Risk, As Bank Cl...

paymentssource.com 19 Apr '13, 7pm

Possibly viewing Bitfloor, a popular Bitcoin exchange, as a risky money transmitting business, Capital One Financial Corp....

Largest U.S. Bitcoin Exchange Shuts Down Will B...

mashable.com 19 Apr '13, 4pm

Bitfloor, the largest Bitcoin exchange in the U.S., has shut its doors. Bitfloor said it would cease trading operations an...