ShapeShift Leads the Week in Crypto News
What’s new this week with cryptocurrency? It seems like virtual finance just can’t escape the spotlight, and no matter where you look, there’s always something going on. ShapeShift found itself in the spotlight this week, experiencing a hot wallet hack. Things started out ugly when the digital currency exchange ShapeShift experienced a hot wallet theft that caused a temporary closure of its website’s current trading system. Cyber-attacks are nothing new when it comes to bitcoin, but ShapeShift is now claiming the hack came by way of an insider.
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Since its founding in 2013, ShapeShift has gained popularity because of its speed and privacy. Despite its success, little was known about the company or the people behind it. Now, though, the exchange has announced the true identity of its founder and CEO: Erik Voorhees, prominent Bitcoin entrepreneur. In addition to this news, ShapeShift annoucned that it raised £525k (563,745 USD) from Barry Silbert and Roger Ver. “Why the mystery? The goal with ShapeShift was this: build a service that was safe and trustworthy by design, not by faith in the creator,” wrote a ShapeShift spokeswoman.....
CCN received the following press release this morning from ShapeShift.io: SWITZERLAND, April 1, 2015 - ShapeShift.io has integrated Winklecoin (WNK), into its instant exchange platform. Customers anywhere in the world can now buy or sell WNK instantly with Bitcoin or over two dozen other leading cryptocurrencies with ShapeShift.io. Winklecoin, masterminded by Olympic rowers and internet entrepreneurs Cameron and Tyler Winklevoss, is now available for exchange in increments of two.
ShapeShift.io, is an instant online cryptocurrency exchange that provides instant currency exchange between many cryptocurrencies without having to open an account. This Thursday, ShapeShift.io announced it was integrating Counterparty (XCP), along with Moner (XMR) into its platform. Customers anywhere in the world will now be able to buy or sell XCP or XMR instantly with Bitcoin or over two dozen of other cryptocurrencies with the ShapeShift.io exchange platform. ShapeShift.io, was launched in August 2014, and in less than a year it has become a market leader. Shapeshift.io is now the....
In 2014, Erik Voorhees founded ShapeShift. By the end of 2021, ShapeShift will cease to exist as a company. It will become a DAO, a Decentralized Autonomous Organization. The owners of their FOX token will have complete governance over it, and they will “Open source all ShapeShift code and infrastructure.” That’s according to the company’s […]
In yet another attack on an online cryptocurrency exchange, Shapeshift.io went down for a couple days while they dealt with some malicious intrusion into their server, assessing the damage and keeping their customer base aware of the status the entire time. Within a day of knowing that something wasn’t right with their servers, Shift.io immediately shut down trading and their website and notified customers via a Reddit post. In the post on Reddit, Shapeshift.io’s CEO Erik Voorhees stated that not a cent of customer money went missing during the attack, which was luckily a product of....