Kraken Considers Purchasing MtGox Assets As It Pushes Into Japan

Payward1 run exchange Kraken is headed to Japan with plans to begin offering its service by the end of this October. Founder and CEO Jesse Powell believes Kraken has the expertise required to meet demand for a Japanese Bitcoin exchange. Kraken won't be the first exchange to launch in Japan since the collapse of MtGox with BitOcean and BtcBox having beaten them to the punch earlier this year. Continue reading


  1. Investors include Hummingbird Ventures, Trace Mayer and the Bitcoin Opportunity Fund. 

Coinfloor To Raise Capital Meanwhile Nefario Has Left

Coinfloor, the largest exchange for sterling/bitcoin transactions, is set for a round of capital raising1 which will be used to launch a Bitcoin fund and enable customers to trade a wider variety of currencies for bitcoin. From Tuesday, Coinfloor will begin accepting customer deposits in USD, Euro as well as the Polish Zloty. Continue reading


  1. It is rumoured that the funding round will raise £1m.