17 Feb '14, 3pm

Investors Pump $600,000 into Swedish Bitcoin Exchange Safello

Investors Pump $600,000 into Swedish Bitcoin Exchange Safello

Swedish bitcoin exchange Safello has secured a $600,000 investment that it hopes will push it into the wider European market. The exchange, which launched its service last August, can now count bitcoin luminaries Erik Voorhees and Roger Ver among its investors. Safello , which also saw Blockchain.info CEO Nicolas Cary invest, is currently revamping its website, and promises a range of new services in the coming months. The startup has worked hard to establish credibility in the fledgling bitcoin exchange market, signing deals with at least two major banks, and also negotiating with the Swedish regulator – the Financial Supervisory Authority. The company, which set up the first bitcoin ATM in Sweden, shares the bitcoin market in that country with three other exchanges: btcx.se, Kapiton, and FYB-SE. It said in a statement, however, that it wants to focus on the broader Europ...

Full article: http://www.coindesk.com/safello-600k-investment-round/

Tweets

Safello, a Swedish Bitcoin transactor, rakes in $600,000, all hype aside

Safello, a Swedish Bitcoin transactor, rakes in...

venturebeat.com 17 Feb '14, 10pm

Don’t count Bitcoin down for the count. Just yet. Safello , a Swedish Bitcoin online processing exchange headquartered in ...

Thailand’s top Bitcoin exchange resumes trading...

thenextweb.com 17 Feb '14, 6am

Last July, Thailand’s top Bitcoin exchange shut down following pressure from the Bank of Thailand. Now, more than six mont...

Thailand’s top Bitcoin exchange resumes trading...

thenextweb.com 17 Feb '14, 6am

Last July, Thailand’s top Bitcoin exchange shut down following pressure from the Bank of Thailand. Now, more than six mont...

Bitcoin bubble could burst as investors rush to...

zdnet.com 17 Feb '14, 12pm

FinCEN and other regulatory agencies have already begun working closely with investors and financial service providers in ...

Troubled Bitcoin exchange MtGox promises resump...

gigaom.com 17 Feb '14, 3pm

The Tokyo-based Bitcoin exchange MtGox has apologized (PDF) for suspending the ability of its customers to get their money...

Bitcoin prices fall below $600

Bitcoin prices fall below $600

businessinsider.com 20 Feb '14, 2pm

Bitcoin prices fell below $600 for just the third time since December. They now stand at about $590, according to Coindesk...

Bank of Thailand says country’s top Bitcoin exc...

techinasia.com 17 Feb '14, 6am

It’s been months since Thailand’s largest Bitcoin exchange was forced to stop trading after the Bank of Thailand ruled tha...

Bitcoin Exchange Prices Plummet as Investors Br...

wired.com 19 Feb '14, 11am

The building that houses the Mt. Gox offices in Tokyo. Photo: Ariel Zambelich/WIRED A week after Mt. Gox said it would tem...

Bitcoin exchange prices plummet as investors br...

wired.com 20 Feb '14, 6am

The building that houses the Mt. Gox offices in Tokyo. Photo: Ariel Zambelich/WIRED A week after Mt. Gox said it would tem...

[#BrandySolamente] Bitcoin Touches $220 On Form...

ireport.cnn.com 17 Feb '14, 5pm

Bitcoin is currently trading at near $250, according to Bitcoin exchange MtGox. It got as low as $220.29 from a high of $5...

Bitcoin ATM on its way to Britain

Bitcoin ATM on its way to Britain

telegraph.co.uk 20 Feb '14, 4pm

The company has already installed two machines in Canada and plans more in the US, Asia and Europe. Another company, Gener...

#news

#news

cnbc.com 17 Feb '14, 11am

Withdrawals were halted last week as the exchange's technical team investigated a problem with the way bitcoin withdrawals...

Bitcoin’s largest exchange is dying. Here’s why that’s not a problem for Bitcoin.

Bitcoin’s largest exchange is dying. Here’s why...

washingtonpost.com 15 Feb '14, 9pm

The Japanese exchange Mt. Gox has long been one of the Bitcoin community's most prominent institutions. It has also been o...