#coinmkt

The team at ANX has reviewed recent media coverage regarding the allegations against two former DEA officials working on the former Silk Road case, and their involvement in the Bitcoin industry. The stories allege one of the individuals was closely related to CoinMKT.com. ANX purchased the CoinMKT.com domain from West Orange Labs, Inc on the 22nd January, 2015. Correspondence was limited to the former West Orange Labs CEO Travis Skweres and CTO Ola Ajayi. ANX did not receive in the transaction any historical data, such as customer records, transaction histories, identification materials, or email correspondence. All of the reported events occurred well before ANX purchased the domain.

The team at ANX has reviewed recent media coverage regarding the allegations against two former DEA officials working on the former Silk Road case, and their involvement in the Bitcoin industry. The stories allege one of the individuals was closely related to CoinMKT.com. ANX purchased the CoinMKT.com domain from West Orange Labs, Inc on the 22nd January, 2015. Correspondence was limited to the former West Orange Labs CEO Travis Skweres and CTO Ola Ajayi. ANX did not receive in the transaction any historical data, such as customer records, transaction histories, identification materials, or email correspondence. All of the reported events occurred well before ANX purchased the domain.

Hong Kong Exchange ANX Chases US Market with CoinMKT Acquisition

27 January 2015 | Jon Southurst | Coindesk.com

Hong Kong-based bitcoin exchange ANX has commenced a push into the US market with its acquisition of the domain name and brand rights to CoinMKT.com.

The CoinMKT exchange, founded by Travis Skweres and Ola Ajayi in Santa Monica, California, will continue to operate as usual, under the ANX umbrella and using ANX technology. The founders will be helping with the transition.

ANX COO Dave Chapman said another business relationship currently being put in place will also provide the exchange with access to vital money transmission business (MTB) licenses and banking relationships throughout North America. Further details were not available at this time.

Today, I wandered on San Bruno Street

Today, I sat on San Bruno street.

None of the stores accept cash. I presume it’s either to avoid taxes or reduce processing costs. My views are cynical toward taxes.

This presents a constant security threat. Most of the stores are barred and much of the streets are dilapidated with homeless people and potential customers.

As I sat in the burrito shop, I couldn’t help but think of how WhatsApp was…

Cryptocurrency Exchange CoinMKT Announces US Banking Partner

By Daniel Cawrey, Coindesk.com

Los Angeles bitcoin exchange CoinMKT has announced a US-based banking partner. As a result, the company is now able to accept bank wires from US bank accounts.

Travis Skweres, CEO of CoinMKT, says he expects the company to grow as a result.

“We’re confident our growth will explode being able to accept wires deposits that can be credited same day or next day,” he said.

Not many exchanges currently have the ability to accept banking wires, and the ones that do have experienced massive user expansion. Exchanges that have the ability to link directly to the US dollar via a banking institution are more attractive to investors. Skweres told CoinDesk that his company has added staff in order to meet the expected demand.