Management Passes from to OKCoin

Posted in: Archive
December 16, 2014 10:09 PM UTC

International Bitcoin exchange OKCoin today announced that it has taken over stewardship of The eponymous Bitcoin website is owned by an anonymous individual who has chosen several different Bitcoin companies to manage the site over the last couple years. Control of has passed from TradeHill to and now to OKCoin. No party involved has clarified whether or not’s owner or initiated the change in management.

Also read: gets a revamp by New Management

OKCoin promises that the new management of will lead to positive impacts for the Bitcoin community around the world. is one of the most visible Bitcoin websites for Bitcoin newbies. Though there are plenty of more-frequented websites, the domain name will always have a special meaning to the nascent Bitcoin community. As a whole, everyone can recognize the benefit of having an information-laden versus one that merely redirects to Coinbase with a referral code.

Speaking to, OKCoin emphasized:

The site will continue featuring the most updated news and information happening in the bitcoin world. Moreover, it will outline several explanations and basic concepts that are relevant for all participants who are active in the bitcoin market. Certain modifications will revamp the way the site is laid out. These changes aim to offer a more visually appealing and engaging page where users can easily navigate while browsing.

As a result of this transition, will continue as a major source of information for the bitcoin community. We look forward to presenting valid and insightful data that will allow further communication to continue within the bitcoin landscape. Therefore, the site will remain the same by nature, yet it will have more consistent and relevant updates with the hopes to continue efforts to promote awareness and understanding about bitcoin.

Ƀ Versus ฿

An interesting note that may or may not intrigue the average user, the proposed Bitcoin symbol change from ฿ to Ƀ had its largest support from the movement’s presence on Largely, the Bitcoin community has either tentatively embraced the rebranding or heavily ignored it. With the loss of its largest champion,, the Ƀ movement still treks on. Abandoned

It is unclear why the anonymous head of decided to go with OKCoin over However, recent security issues and bad publicity for may have been a contributing factor. is still the most popular Bitcoin web wallet in the world; however, a string of recent hacks has shaken the community’s faith in the company. reportedly had a 5-year contract with

Images from Shutterstock and

Note; Neither OKCoin nor have responded to queries for comments on the exact nature of the transfer.

Last modified: July 13, 2020 3:19 AM UTC

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Caleb Chen @bitxbitxbitcoin

Caleb is a graduate of the University of Virginia where he studied Economics, East Asian Studies, and Mathematics. He is currently pursuing his MSc in Digital Currency at the University of Nicosia.