Expresscoin Raises $150k in Funding from Bitcoin Shop
Digital currency-only online retail outlet Bitcoin Shop has announced a $150,000 investment in cryptocurrency-buying service expresscoin. The announcement marks expresscoin's first investment since its formal launch in June. Previously operating under the brand Cash Into Coins, expresscoin is aiming to market bitcoin to underbanked consumers by accepting payment methods including money orders, personal checks and wire transfers. With the announcement, expresscoin will integrate its services with Bitcoin Shop to provide more ways for the website's e-commerce consumers to obtain digital....
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On September 25, the creators of the decentralized marketplace, Openbazaar, announced that unless the project can gather community funding, the supporting services like seed nodes and the API wallet will shut down. The firm behind the project, OB1 is also removing the Haven app from the iOS App Store and Google Play on October 1. The open-source decentralized marketplace project Openbazaar started from an idea first conceived at the Bitcoin Hackathon in Toronto in April 2014. The first version of Openbazaar was released on April 4, 2016, and news.Bitcoin.com was one of the first to review....
California-based bitcoin startup Gem has partnered with digital currency retailer expresscoin. Gem's multi-sig wallet and high security standards will now be available to users of expresscoin, which until now has been based on a special "bring your own wallet" platform. CEO and founder of Gem Micah Winkelspecht states: "Expresscoin has gone out of their way to increase access to Bitcoin as much as possible, which is in line with our philosophy of making bitcoin security easy for developers. From the very beginning, we wanted Gem to empower digital currency companies to focus on building....
Gem, the Venice, Calif. -based Bitcoin startup offering a multi-signature-based security platform to Bitcoin developers, has partnered with expresscoin, the Santa Monica, Calif. -based digital currency retailer. The partnership will offer Gem's scale-able and secure API wallet to expresscoin users, initially powering internal accounts and operations and eventually powering co-branded, end-user wallets with Gem's multi-signature security solution, thus providing an alternative to expresscoin's current bring-your-own-wallet environment.
Charles Allen is the CEO of Bitcoin Shop, a publicly traded US bitcoin company that leverages Amazon's affiliate program to sell a wide selection of e-commerce products for bitcoin, litecoin and dogecoin. Bitcoin Shop is now seeking to expand its industry goals, recently making strategic investments in key partners, including California-based bitcoin buying service expresscoin and digital currency processor GoCoin, with the goal of using e-commerce to build a universal bitcoin company. Allen recently spoke about his company's ambitions at The North American Bitcoin Conference, held last....
Santa Monica-based bitcoin and dogecoin exchange expresscoin has officially launched after months of under-the-radar testing. The formal launch marks the final rebranding of Cash Into Coins as expresscoin, a move that co-founder and CEO Will Wheeler indicates signals a change in how the company will approach its services and the broader bitcoin market. Wheeler told CoinDesk that while Cash Into Coins was able to become a successful, niche complement to popular cash-to-bitcoin service BitInstant, expresscoin seeks to leverage additional payment options favored by the under- and unbanked....