Bitcoin Exchange Harborly Closes, Seeks Acquirer
Harborly, a Houston, Texas-based exchange that allowed customers to buy and sell bitcoin in their local currency, has ceased trading after more than one year as the owners pursue a new opportunity. The company stated in a blog on its website that it is looking for an acquirer "with the resources to see what we started through to the end." "We would like to state categorically that Harborly's shutdown has not been prompted by a hack, fraudulent activity, or by a security-related incident," the statement noted. "While that may have been true for other firms in the Bitcoin space, this is not....
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Harborly, a bitcoin exchange in North America, has decided to shut down operations due to a shrinking market share. After all, there have been several startups focusing on this aspect of the industry these days, leaving smaller companies with fewer clients and lower trade activity. "When we first launched Harborly just over a year ago, we had the vision of giving our users the simplest, quickest, and safest way to buy and sell bitcoin globally using their local currency," indicated the farewell blog post by the bitcoin exchange. "Our team has had an incredible and exhilarating journey as a....
Online Bitcoin marketplace Harborly is fast emerging to be the safest and the most convenient way of buying and selling Bitcoin. Founded by Connor Black and Gabriel Ferrin, Harborly believes in providing the simplest and the quickest way of exchanging Bitcoin for the local currency. This Texas-based Bitcoin conversion platform believes in three key principles: Simplicity, Transparency, and Security. The team at Harborly is a potent mix of experienced entrepreneurs, financial professionals and legal advisors, working towards the global adoption of Bitcoin. Users' Safety of Funds is of....
Texas-based startup Harborly launched its Bitcoin retail service in the United States today. Harborly, which was already operational in Canada, will be the first U. S. bitcoin-buying service to offer users the ability to lock their bitcoin to a fixed U. S. dollar exchange rate when it launches the feature in June. Harborly, founded by computer programmers Connor Black and Gabriel Ferrin, will charge a one percent fee plus a 25-cent bank fee for bitcoin purchases. At launch, the retailer will be accessible to residents of Texas and California, but the startup plans on expanding to nine....
Harborly. Harborly, a service that lets customers buy and sell bitcoins using their local currency, has decided to base its U. S. headquarters in Texas due to the state's favorable environment for Bitcoin companies. Also read: Texas Congressman Steve Stockman Introduces HR 5777: "To Protect Cryptocurrencies". Texas Has a Favorable Regulatory Environment for Bitcoin Companies. Choosing a national headquarters is a major decision for a startup. The company must consider a variety of factors, including investor networks and the regulatory environment. This decision can be especially difficult....
Another bitcoin exchange is closing down in North America. Texas-based Harborly said in a 14th August blog post that it was shutting its doors as a result of work on a separate project that co-founder and CEO Connor Black described as "a growth hacking tool and service" currently in private beta. The past year has seen a number of exchanges call it quits in North America, including Vault of Satoshi, Cavirtex and Buttercoin. According to the post, the closure is not related to security or fraud issues, and the exchange is up for sale. Black told CoinDesk that the team - which will migrate....