Bitmain Acquires Data Startup Blocktrail
Bitmain has acquired a bitcoin data and analytics startup for an undisclosed amount. The acquisition is the latest in what has proved to be a year of consolidation for the industry, which has seen particular activity in the exchange sector.
Sources said: three full-time Blocktrail employees will join the Bitmain team, including Blocktrail co-founder Boaz Bechar, who voiced his optimism that BTC.com would help his team reach more users.
Bechar said Blocktrail, co-founded by VKontakte co-founder Lev Leviev, would now be increasing its European team "significantly".
"I think BTC.com is going to be strong. We’re going to have a bigger team and bigger resources," Bechar said.
Bitmain has acquired a bitcoin data and analytics startup for an undisclosed amount. The acquisition is the latest in what has proved to be a year of consolidation for the industry, which has seen particular activity in the exchange sector.
Sources said: three full-time Blocktrail employees will join the Bitmain team, including Blocktrail co-founder Boaz Bechar, who voiced his optimism that BTC.com would help his team reach more users.
Bechar said Blocktrail, co-founded by VKontakte co-founder Lev Leviev, would now be increasing its European team "significantly".
"I think BTC.com is going to be strong. We’re going to have a bigger team and bigger resources," Bechar said.
Bitmain has acquired a bitcoin data and analytics startup for an undisclosed amount. The acquisition is the latest in what has proved to be a year of consolidation for the industry, which has seen particular activity in the exchange sector.
Sources said: three full-time Blocktrail employees will join the Bitmain team, including Blocktrail co-founder Boaz Bechar, who voiced his optimism that BTC.com would help his team reach more users.
Bechar said Blocktrail, co-founded by VKontakte co-founder Lev Leviev, would now be increasing its European team "significantly".
"I think BTC.com is going to be strong. We’re going to have a bigger team and bigger resources," Bechar said.
Bitmain has acquired a bitcoin data and analytics startup for an undisclosed amount. The acquisition is the latest in what has proved to be a year of consolidation for the industry, which has seen particular activity in the exchange sector.
Sources said: three full-time Blocktrail employees will join the Bitmain team, including Blocktrail co-founder Boaz Bechar, who voiced his optimism that BTC.com would help his team reach more users.
Bechar said Blocktrail, co-founded by VKontakte co-founder Lev Leviev, would now be increasing its European team "significantly".
"I think BTC.com is going to be strong. We’re going to have a bigger team and bigger resources," Bechar said.