“After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming more dominated by bigger, more professional outfits, often with serious funding to get them off to a solid start.  And while some big bitcoin names made the news this year for positive reasons, some firms had to report that they were closing down.  A variety of reasons brought about these failures, from increased competition, to a lack of cash or even, perhaps, fraudulent practices.  In 2015, around 11 bitcoin firms went belly up. Here’s our look at what happened.”

http://www.coindesk.com/bitcoin-startup-shut-down-2015/

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