NewsBTC Canada Acquired by Bitcoin Co-op

The Bitcoin Co-op has been an important part of the Canadian Bitcoin community from the beginning, before the days of altcoins and non-currency uses of the blockchain. Although registered as a for-profit cooperative, its focus has always been on Bitcoin outreach, having convinced dozens of merchants to use bitcoins and fostered student clubs around Vancouver.

The Co-op also has other projects, such as the Food Initiative and related Bitcoin farm. Such initiatives cost money, however, so a team of members lead by director Andrew Wagner have undertaken a new enterprise. Effective immediately, the Bitcoin Co-op is the new owner of NewsBTC Canada, a publishing outlet under the NewsBTC brand.

NewsBTC is a premier cryptocurrency news outlet, with an Alexa ranking of around 40K at the time of this writing. It was formed in October, 2013 by CEO Jonathan Millet, who comes from a forex background. After a turbulent period of site redesign and development, it grew to be among the most trusted Bitcoin news sites, where it still is, today.

In June of 2015, Andrew became NewsBTC’s Community Manager and rapidly built the largest Bitcoin news franchise in the world. There

Read more ... source: NewsBTC USA