BTC-e
| Industry | Bitcoin Exchange |
|---|---|
| Founded | 2011 |
| Headquarters | Russia |
| Website | btc-e |
BTC-e is a digital currency trading platform and exchange.[1] It was founded in July 2011 and as of February 2015 handles around 2.5% of all Bitcoin exchange volume.[2] It allows trading between the U. S. dollar, Russian ruble and euro currencies, and the bitcoin, litecoin, namecoin, novacoin, peercoin, dash and ethereum cryptocurrencies.
It has been a component of the CoinDesk Bitcoin Price Index since the index started in September 2013.[3]
BTC-e is operated by ALWAYS EFFICIENT LLP,[4] which is registered in London and is listed as having 2 officers: Sandra Gina Esparon and Evaline Sophie Joubert.[5]
History[edit]
BTC-e started in July 2011, handling just a few coin pairs, including Bitcoin/U. S. dollar and I0Coin to Bitcoin. By October 2011, they supported many different currency pairs, including Litecoin to dollars, Bitcoin to rubles and RuCoin to rubles.[6]
On July 31, 2012, BTC-e had their Liberty Reserve API Key compromised, the attacker injected thousands of fake U. S. dollars into the site and used it to disrupt the markets. A large number of Bitcoins were stolen during the attack, some sources estimate the equivalent of $35,000 were taken in Bitcoins. The attackers are still unknown, although BTC-e recovered without taking coins from their users.[citation needed]
During 2013 and 2014, BTC-e had many outages related to Distributed Denial of Service attacks.[7] They later began using the reverse proxy service CloudFlare to help mitigate these attacks, reducing downtime for the exchange.
References[edit]
- ^ Benjamin Guttmann (2014). "The Bitcoin Bible Gold Edition". Books on Demand. pp. 175–176. ISBN 9783732296965.
- ^ "Bitcoin Exchanges Market Share". Bitcoinity. Retrieved 2015-02-10.
- ^ Del Rey, Jason (September 11, 2013). "What's a Bitcoin Really Worth? CoinDesk Thinks It Has the Answer.". All Things D.
- ^ https://btc-e.com/page/1. Missing or empty
|title=(help) - ^ https://beta.companieshouse.gov.uk/company/OC394172. Missing or empty
|title=(help) - ^ BTC-e (2011-10-25). "Start trading on a pairs of BTC/RUB, LTC/USD, RUC/RUB, USD/RUB!". Retrieved 2015-11-20.
- ^ Jonathon Millet @ NewsBTC. "BTC-e Reports DDOS Attack Against Their Server".
- "The Bitcoin Bible Gold Edition". google.com.
- "BTC-e Pulls Support for Ruble As Russia Bans Bitcoin". CoinDesk.
- "BTC-e Empowers Veteran Investors with Advanced PAMM Trading Account". CoinDesk.
- "BTC-e Back Online Following DDoS Attack". CoinDesk.
- Digiconomist. "Exchange Review: BTC-e". Digiconomist.
- "BTC-e - Terrorist or Freedom Fighter?". The Merkle.
- "Bitcoin exchange BTC-e, a Mt. Gox alternative, is an Internet black hole". Marketwatch.
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