Tradehill Confirms Trading Suspension

Tradehill's founder and CEO has confirmed the bitcoin exchange platform has suspended trading due to "operational and regulatory issues" faced by its bank - the Internet Archive Federal Credit Union (IAFCU). Jered Kenna said in a statement on reddit that trading on the Tradehill platform had stopped, but only temporarily. His statement reads: "We have recently made the decision to temporarily suspend trading on the Tradehill platform. Internet Archive Federal Credit Union has experienced operational and regulatory issues and we are no longer able to continue our relationship at this time.....

Although it was nowhere near the earliest in Bitcoin history, Tradehill was one of the largest exchanges in the Bitcoin economy when the currency had its first brush with public prominence in 2011. When the exchange first launched in June 2011, MtGox was by far the dominant player in the market, with a market share approaching 95%, and Bitcoin users were eager to see some competition. Following a marketing blitz over the next two weeks, attention on Tradehill increased rapidly, and the exchange was further helped along by a security breach at MtGox which caused the Bitcoin price to appear....

Bitcoin exchange Tradehill says that it may continue with its auction business after a successful first sale of Avalon ASIC miners. The firm operated an auction for ASIC mining company Avalon, in the midst of struggles to resolve its regulatory issues. This month, the San Francisco-based company conducted a two-week auction to sell Avalon's 60 Ghash/sec units. Tradehill founder and CEO Jered Kenna has left the door open for future business with other auction clients. "We can't say when the next one will be, but with the success of this one, there's no reason why we shouldn't do it again,"....

This post originally appeared on May 18th, 2013. After the expo-room doors closed for the day and the Bitcoin Conference attendees filed out to their respective destinations last night, Tradehill extended a very generous invitation to important people and press to attend a cocktail party on the patio of the bar at the Hilton Hotel. Tradehill has a talent for throwing parties. Jered Kenna and his team host regular meetups in San Francisco, where the company is based, that bring out the big Bitcoin thinkers and movers from around the tech-savvy Bay Area and the cocktail party last night had....

The U.S. stock trading exchange TradeZero (www.tradezero.co) has just announced that it will be offering a “Dark Pool” for Bitcoin whales. Through a partnership with Bitcoin serial entrepreneur Jered Kenna, the firm will enable clients to participate in commission-free dark pool cryptocurrency trading. TradeZero Enables Dark Pool Trading for Investors....