Bitcoin rate falls 2% as mining firm CoinTerra files for bankruptcy

By January 27, 2015Bitcoin Business

CoinTerra Bitcoin rates fell 2% as troubled bitcoin mining firm CoinTerra filed for chapter 7 bankruptcy in further setback for the digital currency.

Bitcoin was trading at $256.47, down 2.13%, at 6:35 am GMT, according to CoinDesk Bitcoin Price Index.

The bankruptcy was filed on 24 January in the US bankruptcy court for the western district of Texas, Austin division.The company said in the filing that it would be unable to pay several of its unsecured […]

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