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Bitcoin Startup Coinbase Surges Past 1M Consumer Wallets In The Post-Mt.Gox Era

Today Coinbase announced that it has created more than 1 million consumer Bitcoin wallets on its platform, pointing to increased interest in the market for the cryptocurrency. That... More Today Coinbase announced that it has created more than 1 million consumer Bitcoin wallets on its platform, pointing to increased interest in the market for the cryptocurrency. That Coinbase grew greatly in 2013 is not surprising, as it was the year that most of those now familiar with Bitcoin first heard its name. The one million wallet figure says two things: Bitcoin is growing, and Bitcoin is small. Give that market constriction, Coinbase’s other released statistics are interesting: Today Coinbase indicated that 25,000 businesses are using Coinbase to accept Bitcoin for customer payment, and 4,000 applications have been created using the company’s API. Less

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