Menu

Search

  |   Digital Currency
Become a contributor

Menu

  |   Digital Currency

Search

Ads by AdKrypto

A Run Through on ‘Growing Ripple’s Utility’, $535 Million XRPs Sold in 2018

Fidelity intends to set-up custodian services for cryptocurrencies

Spotlight on Ripple xRapid’s collaboration with Binance and UBRI

Kraken strikes a chord in acquisition deal of FCA regulated derivatives platform

Can catalysts of cryptocurrency ETFs stimulate bitcoin’s price?

FxWirePro: Options for Crypto-options trading

Huobi’s OTC desk reports mounting trading volumes despite fragile crypto-space

Tokenization becomes eye-catchy in 2019 - Apple, Facebook tokens accessible through Abra platform

Indian Government Committee’s Apprehensions of Adverse Impact of Cryptocurrencies on INR

A Run Through on Mechanism of Cryptocurrency ETFs and Regulatory Aspects

Take a Glance at Trend of Stable Coin in 2019

Snapshot on Intricacies of Ethereum-Based JPM Coin

FxWirePro Poll: No major recovery for Bitcoin in 2019; pare losses by end of the year

FxWirePro: BTC/USD Makes Upside Traction After Engulfing Pattern as Lingering Optimism of Bitcoin ETFs Still Weighing on Cryptocurrency Avenue

Lingering Concerns of “Liquidity”, The Prime Factor Amid Cryptocurrency Bearish Streaks

FxWirePro: Crypto arbitrage opportunity for the day

FxWirePro: A Bird’s-Eye View on Bitcoins Trend Ahead of CBOE’s XBT Expiry

EconoTimes

Digital Currency Revolution

Bitcoin Exchange CoinTrader Closes Doors Indefinitely

Tuesday, March 29, 2016 10:46 AM UTC
0
comments

CoinTrader, a Canadian bitcoin exchange, has shut down its operations, with no indication of ever resuming them.

“CoinTrader.net has closed its doors effective immediately. Customers with balances will be contacted by email, mail or telephone to settle your account. We sincerely appreciate your business over the years. Questions can be directed to [email protected]”, the website reads.

The Merkle noted that the company’s Twitter account is also no longer available, while the Facebook page still exists and shows it shared a link “Newnote Financial Message from the President” on 05 June, 2015.

Founded in 2013, CoinTrader was acquired by Newnote Financial last year in a deal made for 1.5 million Canadian dollars in cash and stock. The CryptocoinsNews report said that CoinTrader was the second-largest Canadian exchange by volume at the time of the acquisition and the first in the world to be traded publicly on three separate exchanges.

Given such strong statistics, the sudden closure will surely raise many eyebrows. Also, it also suggests that something must have gone terribly wrong forcing it to close its doors. As no information is available on the matter, one can only speculate.

The official website of Newnote Financial was also not available at the time of writing. However, it seems to be temporarily down as the website reads:

“something cool coming soon
The Newnote website will be available soon”

Ads by AdKrypto

Editor's Picks

Can robots be ‘money doctors’?

I ran 100 miles in a day, this is what happened to my body

Why life insurance companies want your Fitbit data

Five hangover cures, reviewed by experts

Vegan dogs: should they go meat free?

Insatiable: an unhelpful portrayal of binge-eating disorder
Ads by AdKrypto
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2019-02-15 21:09:15
0m
GERMAN DEFENSE MINISTER URSULA VON DER LEYEN SAYS EUROPE WORKING ON WAYS TO CONTINUE DEFENSE COOPERATION WITH UK IN EVENT OF BREXIT - DEUTSCHE WELLE
2019-02-15 21:08:45
0m
FITCH ON RUSSIA SAYS THE PROSPECT OF HARSHER ADDITIONAL U.S. SANCTIONS REMAINS HIGH
2019-02-15 21:08:35
0m
FITCH SAYS RUSSIA'S POSITIVE OUTLOOK REFLECTS CONTINUED PROGRESS IN STRENGTHENING ECONOMIC POLICY FRAMEWORK UNDERPINNED BY MORE FLEXIBLE EXCHANGE RATE
2019-02-15 21:08:29
0m
CORRECT: FITCH AFFIRMS AZERBAIJAN AT 'BB+'; OUTLOOK STABLE
2019-02-15 21:08:15
0m
FITCH AFFIRMS RUSSIA AT 'BBB-'; POSITIVE OUTLOOK
2019-02-15 21:07:54
0m
DOW, NASDAQ CLIMB FOR EIGHTH STRAIGHT WEEK
2019-02-15 21:04:45
0m
FOR THE WEEK, THE S&P ROSE 2.5 PCT, THE DOW GAINED 3.1 PCT, THE NASDAQ CLIMBED 2.4 PCT
2019-02-15 21:00:29
0m
BRAZIL'S BOVESPA CLOSED AT 97,525.91, DOWN -0.50%
2019-02-15 21:00:25
0m
CANADA'S S&P/TSX COMPOSITE CLOSED AT 15,844.94, UP +0.95%
2019-02-15 21:00:23
0m
NASDAQ UNOFFICIALLY CLOSES UP 45.38 POINTS, OR 0.61 PERCENT, AT 7,472.34
2019-02-15 21:00:16
0m
S&P 500 UNOFFICIALLY CLOSES UP 29.81 POINTS, OR 1.09 PERCENT, AT 2,775.54
2019-02-15 21:00:10
0m
DOW JONES UNOFFICIALLY CLOSES UP 442.91 POINTS, OR 1.74 PERCENT, AT 25,882.30
2019-02-15 21:00:08
0m
UNITED STATES DEC 2018 NET L-T FLOWS,INCL.SWAPS DECREASE TO -66.6 USD VS PREV 19.1 USD (REVISED FROM 25.3 USD)
2019-02-15 21:00:06
0m
UNITED STATES DEC 2018 OVERALL NET CAPITAL FLOWS DECREASE TO -33.1 USD VS PREV 32.1 USD (REVISED FROM 31 USD)
2019-02-15 21:00:04
0m
UNITED STATES DEC 2018 FOREIGN BUYING, T-BONDS DECREASE TO -77.4 USD VS PREV -13.2 USD (REVISED FROM -9.3 USD)
2019-02-15 21:00:02
0m
UNITED STATES DEC 2018 NET L-T FLOWS,EXSWAPS DECREASE TO -48.3 USD VS PREV 32 USD (REVISED FROM 37.6 USD)
2019-02-15 20:23:34
0m
CFTC-SPECULATORS TRIM CBOT US 10-YEAR TREASURY FUTURES NET SHORT POSITION BY 74,432 CONTRACTS TO 125,752 IN WEEK ON JANUARY 22
2019-02-15 20:23:24
0m
CFTC-SPECULATORS TRIM CBOT US 2-YEAR TREASURY FUTURES NET SHORT POSITION BY 8,764 CONTRACTS TO 258,445 IN WEEK ON JANUARY 22
2019-02-15 20:22:52
0m
CFTC-SPECULATORS INCREASE CBOT US ULTRABOND TREASURY FUTURES NET SHORT POSITION BY 31,600 CONTRACTS TO 313,532 IN WEEK ON JANUARY 22
2019-02-15 20:22:06
0m
CFTC-SPECULATORS INCREASE CBOT US ULTRABOND TREASURY FUTURES NET SHORT POSITION BY 31,600 CONTRACTS TO 313,532 IN WEEK ON JANUARY 22
Ads by AdKrypto
Most Popular
1

Oil prices likely to be supportive of Norwegian krone, EUR/NOK likely to trade around 9.40 by end-2019

2

Mexican central bank likely to keep key interest rate on hold until end of 2019

3

Canadian existing home sales grow strongly in January, reverses December’s fall

4

America's Roundup: Dollar dips on dismal data, Wall Street rallies, Gold hits 2-week high, Oil rises over 2 pct to 2019 highs on tightening supplies-February 16th, 2019

5

U.S. industrial production weakens considerably in January

6

FxWirePro:USD/CAD Trade Idea

7

FxWirePro: EUR/GBP’s Bears Dance as per RSI Divergence But Major Trend Still Imminent – Trade Ratio Spread

8

FxWirePro: EUR/USD bears in full control despite weak US economic data dip till 1.12150 is possible

9

Snapshot on Intricacies of Ethereum-Based JPM Coin

10

FxWirePro: USD/ZAR stabilizes above 14.00 mark, faces immediate resistance at 14.27 mark

Economics Monitor

February 15 21:00 UTC Released

UST Flows,Incl.Swaps

Actual

-66.6 Bln USD

Forecast

Previous

25.3 Bln USD

February 15 21:00 UTC Released

USOverall Net Capital Flows

Actual

-33.1 Bln USD

Forecast

Previous

31 Bln USD

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 561500561500m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 561500561500m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 549680549680m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

EconoTimes
Ads by AdKrypto
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.