Coinapult Coming Back to America
Coinapult, the service that allows users to lock in the value of their Bitcoin by storing them with it, announced today that it is going to be coming back to the US market. Coinapult will no longer be handling the fiat side of its business, instead handing over this side of its operation to Crypto Capital, Inc., a company which is licensed to do business in the United States among other places. An additional side effect of this integration will be that the present limits will be lifted for customers who are verified by Crypto Capital. Coinapult was founded by Erik Vorhees and Ira Miller in....
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Bitcoin storage provider and payment processor Coinapult is back online following a hack-related outage last month. Following a series of security improvements, Coinapult users can now deposit funds and 'lock' and 'unlock' their bitcoin to fiat currencies or assets. They were previously given login access on 21st March and withdrawals were re-enabled five days later. The hot wallet attack, which occurred on 17th March, resulted in the loss of 150 BTC (approximately $42,900). Coinapult announced it was halting all operations via Twitter the same day. At the time, Coinapult COO and CFO....
Online Bitcoin account provider Coinapult has completely restored its services which were shut down following a hot wallet attack which resulted in a loss of 150BTC worth roughly $43,000 on March 17. The Bitcoin firm announced this development via its official blog. The company declared that, "Today we are happy to announce the full restoration of Coinapult services. Users can now deposit BTC and Lock in addition to withdrawing and Unlocking." Following the attack, Coinapult had warned against sending Bitcoins to Coinapult addresses which included Lock addresses as well. Even though the....
Following a hacking incident last month, bitcoin firm Coinapult was able to restore its services and is back online. The payment processing company implemented a series of security improvements designed to prevent further outages. Coinapult users can now lock and unlock their deposits with the bitcoin firm to fiat currencies or assets. The hacking incident, which occurred mid-March, prompted the firm to halt its operations and make the announcement via Twitter. Bitcoin Firm Security Upgrades. The bitcoin firm attack resulted to a loss of 150 BTC, which was approximately equal to $43,000....
Coinapult, a payment processor and storage provider, is now offering its bitcoin wallet services for US customers. Prior to this, the company's website had been blocked in the country since it had not yet obtained the necessary licenses then. The company has since come up with an integration with Crypto Capital, which is a licensed money transmitter in Panama. With that, the bitcoin wallet can allow US clients to deposit, withdraw, and transfer currencies. Bitcoin Wallet Services. "Coinapult is not a licensed money transmitter business, and as such, we did not offer our services to the US....
Exclusive 20 Minute Interview With Coinapult COO & CFO Justin Blincoe. On Friday November 28, Coinapult re-launched their Bitcoin by SMS service and announced it via a reddit post titled“Send BTC by SMS – a new, global service from Coinapult that operates through plain old txt msg, no need for a data plan. Bitcoin can boldly go where it hasn’t gone before.” The post received 245 comments and 901 upvotes, and theCoinapult SMS walkthrough infographic received 54,093 views.