06 Apr '15, 9am

Bitcoin exchange Buttercoin shuts down due to lack of funding

Bitcoin exchange Buttercoin shuts down due to lack of funding

Bitcoin exchange Buttercoin, which has previously received funding from Google Ventures , is shutting down, the company has announced. The service will be turned off on April 10, at 11 PM PT. That timeline gives users a very short period to withdraw their funds from the service. However, Buttercoin claims it is still "100% secure and solvent" and that all customers' funds are accounted for. For users that do not take any action before April 10, their dollar balances will be sent back to the accounts they came from. Bitcoin balances will be automatically converted to dollars and sent to bank accounts linked to user profiles. See also: Winklevoss twins launch Gemini, the 'regulated' Bitcoin exchange Buttercoin, which launched in 2013 and received funding from startup incubator Y Combinator as well as venture capital fund Google Ventures, let users easily trade bitcoins for d...

Full article: http://mashable.com/2015/04/06/buttercoin-shuts-down/

Tweets

Google Ventures-Backed Bitcoin Exchange Butterc...

techcrunch.com 06 Apr '15, 9am

Buttercoin , a bitcoin exchange startup backed by Y Combinator and Google Ventures, is closing its doors at the end of thi...

Google Ventures-Backed Bitcoin Exchange Butterc...

techcrunch.com 06 Apr '15, 9am

Buttercoin , a bitcoin exchange startup backed by Y Combinator and Google Ventures, is closing its doors at the end of thi...

Bitcoin Exchange Buttercoin Closing

Bitcoin Exchange Buttercoin Closing

cryptocoinsnews.com 06 Apr '15, 8am

Raising capital is factored on so many variables. Not being able to secure funding could have occurred for many many reaso...

Google Ventures-backed Bitcoin trading site But...

thenextweb.com 06 Apr '15, 8am

US-based Bitcoin trading platform Buttercoin is shutting down its service on April 10 , due to a lack of investor interest...

Bitcoin Marketplace Buttercoin Folds Despite $1.3 Million Investment

Bitcoin Marketplace Buttercoin Folds Despite $1...

coindesk.com 06 Apr '15, 10am

US bitcoin marketplace Buttercoin is shutting its doors, despite launching just four months ago with at least $1.3m in inv...

bitcoin

bitcoin

thetimes.co.uk 06 Apr '15, 8pm

One of the world’s biggest digital currency markets is in talks with financial watchdogs about setting up a regulated bitc...

Exclusive Interview With The Folks Behind Urdubit, First Bitcoin Exchange in Pakistan

Exclusive Interview With The Folks Behind Urdub...

propakistani.pk 06 Apr '15, 5am

Think about it this way. If a person is to travel to different countries they have to first pay over the counter cost of D...

Bitcoin bourse: UK’s first regulated digital currency exchange in pipeline

Bitcoin bourse: UK’s first regulated digital cu...

rt.com 07 Apr '15, 4pm

Bitcoin bourse: UK’s first regulated digital currency exchange in pipeline Published time: April 07, 2015 16:28 Get short ...

New post: Why did the Bitcoin Startup Buttercoin Fail?

New post: Why did the Bitcoin Startup Buttercoi...

newsbtc.com 19 Apr '15, 4am

According to one of the founders Cedric , the company’s affiliation to big investment firms brought in too much structure ...

Bitcoin Goes Presidential And Buttercoin Goes B...

cbnco.biz 10 Apr '15, 10am

April 5, 2015: BNY Mellon said it’s looking into bitcoin as a new way to conduct financial transactions within its network...

@naffyboy oppss..my bad..they started the business with 100k...50k each...go read this blog post

@naffyboy oppss..my bad..they started the busin...

proudduck.com 08 Apr '15, 10pm

We couldn’t get grants because we were no longer a startup (requirement for startup is 3 years and below, so if your busin...

#ALEC Threatens Lawsuit vs Those Pointing to its #Climate Denial

#ALEC Threatens Lawsuit vs Those Pointing to it...

desmogblog.com 06 Apr '15, 6am

The American Legislative Exchange Council (ALEC ) has threatened public interest group Common Cause with a lawsuit for poi...

Bitcoin exchange Coinsetter acquires Canadian p...

news.yahoo.com 08 Apr '15, 6pm

NEW YORK (Reuters) - Coinsetter, a New York-based bitcoin exchange that targets institutional and professional traders, sa...

Bitcoin exchange Coinsetter acquires Canadian platform #cryptocurrency #bitcoin via @crypcoin

Bitcoin exchange Coinsetter acquires Canadian p...

uk.reuters.com 09 Apr '15, 6am

NEW YORK (Reuters) - Coinsetter, a New York-based bitcoin exchange that targets institutional and professional traders, sa...

Bitcoin exchange Coinsetter acquires Canadian p...

vbusacareers.com 08 Apr '15, 6pm

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Coinsetter, a New York-based bitcoin exchange that targets institutional ...