9 years ago
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Buttercoin Announces Permanent Shutdown on April 10th
Buttercoin, an American start-up that provides digital currency exchange services, has announced that it will be closing its operations on April 10, 2015. According to the company, it is shutting down due to a lack of interest in Bitcoin among venture capital firms. Buttercoin LogoInterestingly, the reason cited has surprised many Bitcoin observers, as lately there has been a lot of seed funding by venture capitalists in several Bitcoin startups.
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Butterwhat?
I know right, never heard of it either but when it comes to investments no time can be more hot than right now for venture capital in bitcoin. They were doing something wrong.