This Chinese Exchange Just Pushed the Value of Bitcoins Over $200

“The exchange, called BTC China, has been growing rapidly for the past few months as demand for bitcoins has surged. Today, BTC China accounts for just under 33 percent of trades. That’s ahead of long-time bitcoin exchange Mt. Gox (23 percent) and another rival, the Slovenia-based BitStamp (25 percent). Lee, a Stanford Computer Science graduate who once ran Yahoo Groups here in the U.S., took over as BTC China CEO in the spring, after leaving a job as VP of Technology with Walmart China. Apparently, he has crypto currency in his blood. His brother is Charlie Lee, the founder of Bitcoin’s alternative, Litecoin.”

http://www.wired.com/wiredenterprise/2013/10/btc-china/

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