KnCMiner Launches XBT Provider, Bitcoin Tracker One
After our story about KnCMiner facing class action lawsuits, several readers wrote in to thank us and share their stories as well. We expected to receive some comment back from KnCMiner regarding the claims being made against them by more than two dozen clients representing several dozen thousands of dollars. We never did. However, today we've received word that KnC has launched a Bitcoin exchange. From where? Straight from the horse's mouth, in a press release that only mentions KnC in the heading and in the footing, nowhere in the body. Also read: Buy Orders in the Millions for Bitcoin....
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XBT Provider AB, having launched what it claims is the world’s first bitcoin-based instrument on a regulated exchange, Nasdaq Nordic, plans to expand globally with its Bitcoin Tracker One and Bitcoin Tracker Euro, the latter having performed well against major reserve currencies and global asset classes, according to Nasdaq. The Stockholm, Sweden-based company plans to secure larger investments from institutional clients. XBT Provider is part of the KnCGroup AB, which also owns KnCMiner AB, a bitcoin processing technology provider. Bitcoin Tracker Euro launched with the approval Sweden’s....
Two weeks ago XBT Provider AB announced the authorization of Bitcoin Tracker One, the first Bitcoin-based security available on a regulated exchange. Today, Bitcoin Tracker One started trading on Nasdaq Stockholm. "NASDAQ OMX Stockholm decides to officially list 1 Exchange Traded Note issued by XBT Provider AB with effect from 2015-05-18," announced XBT Provider AB on Friday. "We are proud to offer the world's first "Bitcoin tracker" to be traded on a regulated exchange," states the XBT Provider website. "By enabling this easy and secure way to invest in Bitcoin we hope to have eliminated....
XBT Provider AB announced today the authorization of Bitcoin Tracker One, the first bitcoin-based security available on a regulated exchange, Bloomberg reports. Bitcoin Tracker One is an "Exchange Traded Note" (ETN) designed to provide investors with convenient access to the returns of the underlying asset, U. S. dollar (USD) per bitcoin, less investor fees. Bitcoin Tracker One is authorized by Sweden's financial supervisory authority, and will be admitted to trading on Nasdaq Stockholm. The average dollar exchange rate of bitcoin from the most liquid exchanges provides the underlying....
A few weeks back, Bitcoin Tracker One was authorized to be the first bitcoin-based security available for trading on a regulated exchange. Its exchange-traded note (ETN) is now being traded on Nasdaq Stockholm. "NASDAQ OMX Stockholm decides to officially list 1 Exchange Traded Note issued by XBT Provider AB with effect from 2015-05-18," XBT Provider AB announced. "We are proud to offer the world's first "Bitcoin tracker" to be traded on a regulated exchange." XBT Provider AB is a public limited liability company formed in Sweden and incorporated under Swedish law, with statutory seat in....
Original Neptune announcement image. KnCMiner has previously received a lot of attention as the first "legitimate" Bitcoin ASIC manufacturer especially after the BFL fiasco, but has this once widely-touted company lost its touch and turned to the dark side? Editor's Note: KnCMiner's CMO, Nanok Bie, has reached out to CCN to clarify that no Neptunes are being used in their datacenter. Furthermore, he clarified that KnCMiner's 5% of total network hashrateincludes the hashratethat they sell in contracts; that is to say, KnCMiner makes less than $3.6 million USD a month from mining. He also....