Romania’s First Bitcoin Exchange Shuts Down, Again
BTCXchange, Romania’s first order book exchange has closed operations, nearly a month after the platform was put up for sale on August 18, 2016. Romanian bitcoin exchange BTCXchange has shut down operations in the country. The platform was initially put on sale following an announcement on August 18, 2016, a Facebook post by the exchange revealed. However, the failure to find a buyer – presumably – saw BTCXchange owner Horea Oradea Vuşcan subsequently send emails to customers on September 4 this month, asking them to withdraw funds from the exchange. Another reminder email followed on....
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New Zealand’s Bitcoin market is to shrink even further in April when one of its flagship exchanges bitNZ shuts down due to banking difficulties. In an explanatory note on Reddit, the exchange stated that “bank hostility” was the reason behind its ceasing operations in the near future. It requested all customers withdraw any remains funds by April 15. “Due to the refusal of NZ banks to allow bank accounts for the purpose of trading Bitcoins it is impossible for us to continue operations,” it said. bitNZ BitNZ is one of the Bitcoin ecosystem’s oldest exchanges, having run since 2011. In that....
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing for good,” Platzer revealed in a rather futuristic, celebratory post on Oct. 18. “We think our mission is accomplished and it is time to go back to our home planet. Thanks for all the fish and the generous tips!” No official reason was given for the closure of the Berlin-based joint.....