BitQuick Plans To Reopen Shortly As Refund Process Is Almost Complete
Many bitcoin enthusiasts will remember the sudden news of the BitQuick exchange platform being taken offline due to a server breach. The website itself was pulled down by the owners, and all of the outstanding funds was to be refunded to customers. However, there is still a small amount of funds that has not been returned to its rightful users, as no one....
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Bter announces plans to refund 20,000 affected customers. It has been a difficult month for Bitcoin exchange Bter. On February 14th, 2015, 7,170 BTC was stolen from the exchange. The company launched efforts to trace the stolen bitcoins which led them to the mixing service known as Bitcoin Fog. In an exclusive interview with CCN, Bter officials explained that about 20,000 users were affected by the heist. The efforts at recovering the money from Bitcoin Fog have so far been unsuccessful. Bter has therefore opted to refund all of their clients who lost their bitcoins, a process that the....
For all the ecosystem's advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while positioning itself as more secure and convenient than competitors. The idea is to eschew the hassles of in-person cash-for-bitcoin transactions, which on other services could entail the inherent risk of meeting an unknown person for....
BitQuick is challenging USA and Europe to sell their bitcoins by using Bitquick.co."We're calling it the BitQuick challenge," says Founder Jad Mubaslat. "We're so confident users will come back, that we're giving away $10 or 0.03 BTC, whichever is greater, to the first 150 new sellers for the month of October and November. We're also completely removing withdrawal fees for October and November. You now get paid to sell on BitQuick when you're a new customer."After hearing this offer, I had a few questions for Jad that he gladly answered.Why would I use Bitquick instead of Coinbase? While....
In light of the recent Cryptsy debacle where millions of dollars worth of Bitcoin and other cryptocurrencies went missing after a malicious attack, another cryptocurrency exchange in BitQuick has become victim to hackers. In a blog post published on their website on March 17th, 2016, Founder and CEO as well as Customer Service Rep. (respectively) Jad Mubaslat & Chad Davis posted that the BitQuick servers were breached on March 14th, 2016. Unlike Cryptsy, the team at BitQuick hasn’t kept this breach a secret from its users for long and is updating publicly on their progress in dealing....
Bitcoin trading platform BitQuick was the target of a cyberattack this week that temporarily resulted in unauthorized access to its server. The startup said on Tuesday that the platform had been taken offline due to a security incident. In a statement published today, BitQuick said that the attack, which took place on Monday, did not result in the loss of customer funds or sensitive information. The company explained: “The breach was immediately noticed, and the server was shutdown to prevent any further damage. We are still performing a formal investigation to determine the attack vector,....