MintPal Shutdown: Moopay Bankruptcy Prompts Bitcoin Foundation's Brock Pierce to Reach Out

MintPal Shutdown: Moopay Bankruptcy Prompts Bitcoin Foundation's Brock Pierce to Reach Out

In a shocking announcement, Alex Green, CEO of Moopay LTD revealed on October 14, 2014 that Moopay will be filing for bankruptcy, ceasing all operations. Through a blog posting on the official Moolah page, a bitcoin exchange, Green explained the hardships that the company is facing and the future of Moolah, MintPal and MooFarm. "After 10 months as a high-risk startup in a volatile environment, Moolah has reached a stage where it is unable to continue operations in today's market. With rising costs and dropping revenue, and the loss of a number of key clients vital to the ongoing operation....


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Moolah Plans Company Return Despite "Critical Bug" and Locked Bitcoin Exchange

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Weekly Altcoin News Update: Brock Pierce Resigns from Mastercoin Foundation and a Nxt Stakeholder Posts a 500 Bitcoin Bounty

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Bitcoin News in Review: Moopay, Documentaries, Data Breaches, and More

Welcome back to another Bitcoin News in Review, where we feature some of the top stories of the week, here on CryptoCoins News. This week, a large scandal developed over Moopay’s bankruptcy, “The Rise and Rise of Bitcoin” documentary received lots of positive reviews, several companies saw large-scale data breaches, and more. Check out our video and keep scrolling to see this week’s biggest news. In an unexpected move, Alex Green, CEO of Moopay, announced that his company would be filing for bankruptcy and ceasing all operations. Green cites “rising costs and dropping revenue,” and is....