Coinabul Celebrates One Year In Business

Disclaimer: Bitcoin Magazine has run advertisements for Coinabul before. This article was written independent of this fact. -Ed. Coinabul, Bitcoin's first and only dedicated gold and silver selling website, is now celebrating its six month anniversary, offering 1% off gold and 3% off silver purchases. Since October 10 last year, the site has been selling dozens of different types of gold and silver coins and bars for investors and collectors alike, giving money enthusiasts two more types of currency to play with. The site's owners had considerable experience in startups before joining the....

Bitcoin-to-gold website Coinabul LLC is facing a serious federal class action alleging that it defrauded some of its clients. The leading plaintiff is Yazan Hussein, who claims he transferred 1,644.54 BTC to Coinabul last year, but did not receive the gold he ordered. The federal complaint was filed in Illinois on 25th July. It names Coinabul and its CEO Jason Shore as defendants. Hussein demands a jury trial. Hussein turned to Edelson law for representation, the same firm heading the Mt. Gox class action in the US. Chris Dore, a partner at the firm, told CoinDesk that Hussein reached out....

Bitcoin to Gold company Coinabul, a company that claims to be "The first Bitcoin to gold service,", is facing a 'Class Action' lawsuit alleging that the company has been involved in committing fraud. On a personal level, I bought .76 Bitcoin worth of gold on may 3rd, and I'm still waiting. Yazan Hussein claims that he paid 1,654.54 bitcoins to Coinabul last year and has, up to date, received no gold. He filed the Federal complaint in Illinois on July 25th naming Coinabul and its CEO, Jason Shore, as defendants. Edelson Law, the firm involved in the class action against Mt Gox, is....

2012 has been an exciting year for Bitcoin. We have seen BitPay grow from near-irrelevance to processing transactions for over 2000 merchants around the world, Coinabul expand its gold-selling business from nothing in October 2011 toover 120,000 BTC of gold sold this year, entirely new Bitcoin-accepting businesses likeCoindl andthe Bitcoin Store open their doors, and hundreds more innovative services, of which there are unfortunately far too many to mention. Of course, life in the Bitcoin world has been far from perfect. We saw the margin trading service Bitcoinicacome crashing down after....

PRESS RELEASE. CoinEx, a global and professional cryptocurrency exchange service provider, celebrates its third anniversary and announces that it has upgraded and optimized the underlying system as well as the front-end. After months of hard work by the R&D department, CoinEx has completed the system upgrade named “Aegis”. This upgrade significantly improves the performance and security of CoinEx’s underlying platform, enhances the new system’s carrying capacity and matchmaking performance at least tenfold, and effectively optimizes users’ trading experiences....