CEX.io Joins Bitcoin API Race With Launch of PlugChain

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The team behind cryptocurrency exchange CEX.io and bitcoin mining pool GHash.io has launched a new venture – an open API for building bitcoin applications.

With the announcement, CEX.io joins the fast-moving race to launch a comprehensive API for the bitcoin network, competing against notable startups including Gem, which recently launched in beta, and Chain, which raised $9.5m in venture funding this August.

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