Buttercoin Bids to Take US Business From Global Bitcoin Exchanges
Buttercoin officially launched today, bringing what it calls a "reliable, domestic bitcoin marketplace" to the US, one it believes provides the first advanced foundational service to the ecosystem's largest, and perhaps most complex market. Boasting Centralway Ventures, Google Ventures, Reddit co-founder Alexis Ohanian, Rothenberg Ventures and Y Combinator among its investors, Buttercoin claims to allow US bitcoin businesses to sell bitcoins and receive payout in just one business day. At launch, Buttercoin also lists impressive names from the US bitcoin ecosystem as clients, including....
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Buttercoin has announced it will be closing on April the 10th. 2015 is getting to be a hard year for bitcoin exchanges; many digital currency exchanges have been facing serious difficulties and a lot of them have been forced to close their doors. The latest exchange to go down is the US based exchange, Buttercoin. We can find the following announcement on their website: "So long friends. Buttercoin will be turning off April 10th at 11PM PDT. Be sure to move your bitcoins to another service and remove your dollar balances. We wish you all the best!" Buttercoin launched in 2013 and received....
Buttercoin has just emailed everyone that signed up for their early access list! That's right, they made a PR campaign out of their launch. If you are interesting in pushing me further up the queue to get more information on Buttercoin to the masses faster, please follow this link and register for early access. Who Is Buttercoin? Buttercoin was founded by Cedric Dahl and Bennet Hoffman, formerly of CoinHarvest, back in 2013 and received roughly $1.6 million in funding from various sources including Google Ventures and Y Combinator. Dahl and Hoffman are targeting the International....
The recent developments with Buttercoin, a Bitcoin trading platform last week caught everyone by surprise. The company backed by heavyweights like Google Ventures, Y Combinator, Rothenberg Ventures etc. was forced to shut down its operations due to what they claim to be lack of funding. Bennett Hoffman and Cedric Dahl founded the Palo Alto, California based company in 2013. The company attracted a lot of attention and funding to rise through the ranks of Bitcoin based startups. Buttercoin later went on to become the first Bitcoin business to raise investment form a prominent Wall Street....
The way the community thinks about the bitcoin network is wrong, at least in the eyes of Buttercoin CEO Cedric Dahl. Maybe he won't say it exactly, but it's there, in the words he uses to describe the US-based "bitcoin marketplace" he heads, and the words he doesn't. At face value, Buttercoin's market approach may seem simple - it's a place where you can buy and sell bitcoin. But to Dahl, it's a subtle but sizable change in the way we think about financial services enabled by both bitcoin and the Internet. Take, for example, the business he most often cites in conversation, Amazon Web....
A new start-up based in Palo Alto, California is hoping to make a splash in bitcoin trading. They're Buttercoin, and this venture capitalist-backed service has just launched early access to their platform. The soft launch of Buttercoin comes just hours following Mt. Gox's filing for bankruptcy protection, signaling that better things are on the horizon for traders. Buttercoin has reportedly received on the order of $1 million from investors, among which include Kevin Rose of Google Ventures (also, co-founder of Digg) - who teased the early access program today on Twitter. As of this....