Bitcoin.com Management Passes from Blockchain.info to OKCoin
International Bitcoin exchange OKCoin today announced that it has taken over stewardship of Bitcoin.com. The eponymous Bitcoin website is owned by an anonymous individual who has chosen several different Bitcoin companies to manage the site over the last couple years. Control of Bitcoin.com has passed from TradeHill to Blockchain.info and now to OKCoin. No party involved has clarified whether or not Bitcoin.com's owner or Blockchain.info initiated the change in management. Also read: Bitcoin.com gets a revamp by Blockchain.info. Bitcoin.com New Management. OKCoin promises that the new....
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This week in Bitcoin, we saw a straight trend downwards, with no reversals or bounces. The price briefly held at $240, peaking at $242, and then proceeded to slowly depreciate until it hit a floor at $228 — decreasing nearly 5% over the last seven days. Since then, the price has recovered slightly and is hovering at $230. Bitcoin’s depression in price is most likely due to the attention OKCoin has been receiving due to the drama surrounding its management of bitcoin.com. In short, OKCoin abandoned the management of the website and Roger Ver, the domain owner, claimed that the CEO of OKCoin....
Though OKCoin in its official blog post says it is abandoning the management of Bitcoin.com due to contract conflict with domain owner Mr. Roger Ver, there is more to the story. It looks the organization was going through extreme pressure to bring revenue for Bitcoin.com. Though it tried using various ways, it seems nothing worked well. Then the recent developments like the fine on Ripple Labs Inc. and felony charges on Mr. Roger Ver broke the ship. Clarifying the major issue regarding the actual contract and what was going on lately that forced OKCoin to discontinue the management of....
OKCoin yesterday added a new 'margin management' system to its recently launched Futures trading platform, allowing multiple margin balances for a trader's different positions. Margin management replaces a previous system which allowed only a single margin balance for all positions held. This meant that gains and losses of individual positions had the potential to impact each other by drawing on the same margin balance. An OKCoin representative said: "As a pioneer of crypto-futures trading, OKCoin has devoted time to refining its platform to accommodate the most sophisticated traders in....
OKCoin, a cryptocurrency exchange that offers trades between Bitcoin (BTC), Litecoin (LTC), US Dollar (USD), and Chinese Yuan (CNY), has added margin trading to its iOS and Android apps. “In our continued efforts to build the world’s best retail and institutional blockchain asset exchange, OKCoin has added margin trading to its iOS and Android Apps. OKCoin.cn CNY users can trade on up to 5x margin while OKCoin.com USD users can trade on up to 3.3x margin. Thanks for your feedback and continued support of OKCoin. We hope you like it!” added OKCoin in a statement. OKCoin released the....
Andreas M. Antonopoulos, the incredibly well-known bitcoin evangelist who can often be found discussing bitcoin before crowds has changed his role at Blockchain.info - an informational/wallet hub for bitcoin users. The news comes from a post made on the Blockchain.info blog on Sunday, which notes that Mr. Antonopoulos will step down from his 'Chief Security Officer' position to an Advisor of the Board. As Advisor, Antonopoulos will be supplying guidance to Blockchain.info on a number of different fronts, of which include security (his forte), infrastructure, communication with the public,....