Kraken Snatches Two Competitor Exchanges, Expands to North America
The San Francisco-based Bitcoin exchange Kraken has just announced the largest and merger and acquisition deal in Bitcoin exchange history as it has officially acquired major U.S. exchanges Coinsetter and Cavirtex. Kraken will now expand its business operations to the United States and Canada. The digital currency exchange Kraken has quite the lion’s....
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One of the world’s major Bitcoin exchanges Kraken has just announced today the largest M&A deal in Bitcoin industry and acuired two of the oldest BTC exchanges - Coinsetter and Cavirtex. Kraken is now officially coming to North America. According to the official press release: Coinsetter was founded in 2012 and became one of America’s most prominent national bitcoin exchanges, while Cavirtex is the oldest bitcoin exchange in Canada since 2011. “Kraken will fully absorb both Coinsetter and Cavirtex brands in the acquisition. Client accounts of both exchanges will be automatically....
Kraken has continued its recent spree of acquisitions by purchasing Netherlands-based exchange CleverCoin for an undisclosed sum. Kraken Acquires CleverCoin. CleverCoin’s existing customers will be switched to the Kraken platform almost immediately, starting June29th. Account holders will be directed to Kraken to update their information. CleverCoin was....
Kraken announced yesterday that they have acquired the American Bitcoin wallet provider Glidera to their corporate umbrella. Kraken Snatches Yet Another Startup. 2016 has been a huge year for the Kraken bitcoin exchange, and they are looking to let the good times roll when it comes to mergers and acquisitions. Kraken added the resources of three major bitcoin exchanges, Coinsetter, Cavirtex and Clevercoin. Now, they have acquired the American Bitcoin wallet provider Glidera to their corporate umbrella. “We’re thoroughly excited to merge with Kraken and bring even more value to our clients....
A newly published regional report shows that China’s hashrate has likely dropped to 55% while the U.S. has climbed to 11%. Another study predicts that it’s possible North America could overtake China in terms of hashrate by the end of 2021. Bitcoin Mining Farm Operator Says Mining Industry in North America Is Booming For years now China has been the most dominant region in terms of bitcoin miners worldwide and at one point 65% to 70% of the network hashrate stemmed from the country. In May 2021, the Bitcoin hashrate is significantly higher nearing 200 exahash per second (EH/s)....
Bitcoin mining farm operator Compute North and financial services group Foundry Digital are bringing more hash power to North America. The post Compute North, Foundry Digital Partner To Bring More Bitcoin Mining To North America appeared first on Bitcoin Magazine.