Third largest cryptocurrency peercoin moves into spotlight with Vault of Satoshi deal
Everyone knows the first person who walked on the moon. Lots of people know the second. But whoever remembers the third? As the third largest cryptocurrency in the world, peercoin (also know as Peer-to-Peer Coin or PPCoin) is trying to bolster its reputation. It isn't doing too badly having just been accepted as an official currency by new Canadian exchange Vault of Satoshi. A local face-to-face peercoin exchange is also launching, and efforts are been made to get specialist event organizers to use peercoin as their official currency. Market cap. Peercoin may be 'the little altcoin that....
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BRANTFORD, June 24th, 2014 - Vault of Satoshi, Canada's leading cryptocurrency exchange, announced June 20th that it is releasing the dividend-producing bitcoin investment, called Divcoin, today, June 24th. Instead of selling contracts that would otherwise bind users, Vault of Satoshi is representing mining contracts with a coin. Based out of their Brantford, Ontario headquarters, Vault of Satoshi will be mining bitcoins and paying out daily dividends to those who buy the coin. Vault of Satoshi is enabling the purchase of Divcoin starting June 20th, 2014 to both current clients and the....
Canadian cryptocurrency exchange Vault of Satoshi recently updated its clients about their concrete decision to shut down next month - on February 5th. According to the founders, their exchange was running smoothly - without any insolvency, stolen funds, and any other ill-fated scenario - so people should not perceive anything negative about Vault of Satoshi. On the other hand, the decision to seal this exchange forever was taken to fulfill other, and better, opportunities. Here is an excerpt that explains it better: "Our founders and team of developers began work on a new,....
Vault of Satoshi announces full public proof of solvency, one-uping third-party audits. Monday, the Canadian-based cryptocurrency exchange Vault of Satoshi, announced the launch of a public proof of solvency service. The company says it is the first to do so - outmaneuvering the third-party auditing efforts of rivaling exchanges. In essence, Vault of Satoshi is publishing their cold storage for the public to view. Customers can check the company's total reserves on the website with the company security center and verify the reported reserves with an independent tool. Because of security....
Peercoin is often called the third cryptocurrency after Bitcoin and Litecoin. It even reaches $7 per coin sometimes. But along with that it has also fallen to $0.40 and below often, but has always found power to rise again. The PoS technology forever changed the cryptocurrency market, though Peercoin (PPC) has already quitted the stage. It is the fifth year of existence of this cryptocurrency which originates since the August, 2012. At the beginning of April, 2014 this coin appeared on the exchanges with an initial price of $0.38 - $0.42. Then Peercoin began falling and many were happy to....
The owners of Vault of Satoshi have announced that they will be closing the notable Canada-based bitcoin exchange on 5th February due to the "insane" growth of a new business venture. Though short on details in the official announcement, Vault of Satoshi co-founder Mike Curry told CoinDesk that the success of new venture TurboFlix has encouraged the exchange's owners to switch focus. Launched six months ago, the service has gained popularity by allowing global Netflix users to bypass restrictions that limit their movie libraries. Throughout the conversation, however, Curry stressed that....