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High 296.98 CAD 297.01 CAD 2.14 CAD 2.30 CAD 190.00 LTC 190.00 LTC
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Vol 79.627 BTC 1490.111 BTC 2.000 LTC 3239.874 LTC 0.004 BTC 0.004 BTC

Latest News: Cavirtex Acquired by VC-Backed Coinsetter


April 10, 2015, 12:06 p.m. - Cavirtex Acquired by VC-Backed Coinsetter

Coinsetter, the global bitcoin exchange based in New York City, announced this week the acquisition of Canadian Virtual Exchange, commonly known as CAVIRTEX, a major Canadian bitcoin exchange operating since 2011. The acquisition marks the first major consolidation in the bitcoin exchange market, and represents one of the largest M&A deals to take place in the burgeoning digital currency space.

Alongside its acquisition, CAVIRTEX today has reopened its doors to customers and resumed trading under Coinsetter’s leadership. Both exchanges will remain open for business in their own names, sharing technology, capital, management and banking access to maximize the value to traders. CAVIRTEX will move to employ Coinsetter’s technology stack, and incorporate their advanced security standards and practices. Previous account holders at CAVIRTEX and Coinsetter will continue to be able to use their existing login credentials at the same websites to access their accounts.

The acquisition was completed through a negotiated agreement with CAVIRTEX voting shareholders. Coinsetter chief executive Jaron Lukasiewicz has been named CEO of CAVIRTEX and Marshall Swatt will assume the role of CTO of CAVIRTEX, effective today.

Jaron Lukasiewicz, CEO of Coinsetter and CAVIRTEX said, “Coinsetter is proud to make Canadian bitcoiners a core focus of our company through CAVIRTEX, the most profitable and longest-running bitcoin exchange in Canada. Together we are making history, combining talent and resources to give clients an unparalleled BTC-CAD trading experience with a wide range of domestic bank transfer options, including a full banking relationship in Canada.”

Marshall Swatt, CTO of Coinsetter and CAVIRTEX added, “Traders have trusted Coinsetter since 2012 to provide the best combination of high speed trading technology, ironclad security and liquid markets. As we integrate Coinsetter’s CSX exchange technology into CAVIRTEX in the coming weeks, we will create an unparalleled Canadian bitcoin exchange with low latency trade execution, margin trading and growing interaction with customers through our Toronto office.”

For more information, visit the CAVIRTEX website at or Coinsetter at

About Coinsetter:
Founded in 2012, Coinsetter is Wall Street’s leading global bitcoin exchange. Coinsetter’s New York-based exchange offers margin trading for businesses, the most established APIs for professional traders, high uptime, low latency trade execution, enterprise bitcoin security by Securicoin®, deep liquidity and attractive pricing. Visit to learn more.

Feb. 25, 2015, 12:49 p.m. - Phishing attempts on CAVIRTEX users

There's a phishing campaign underway on CAVIRTEX users using a .jar executable that looks like a pdf file. The emails currently describe authentication token backups as a means to entice users to download the file.

Please do not run the .jar, and if you have, please contact us immediately.

Feb. 23, 2015, 7:49 p.m. - Enabling bitcoin withdrawals

Bitcoin withdrawals began late last week. Please fill out your return address under settings > user preferences. It's at the bottom of the page.

We are reviewing accounts for suspicious activity. Pending the review of accounts, we will enable withdrawals on accounts with return addresses. Contact us via ticket for expedited review.

For accounts with balances lower than the withdrawal fee, if you fill in a return address, we will send you your "change" on or after March 25th.

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