Coinbase Reportedly Compensates Double Billing Victims with Bitcoin
[Note: Coinbase has confirmed that it is refunding all the 25 customers with direct ACH transfers.]. Coinbase has reportedly decided to compensate the victims of its double billing glitch with Bitcoin. According to an email acquired by the Altcoin Press, the San Francisco-based company lately had a technical issue on its platform, due to which it started charging customers twice for each Bitcoin purchasing order. The error affected around 25 Coinbase customers between August 28th and September 1st. But instead of reimbursing the wrongly debited funds back to their rightful owners, Coinbase....
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Digital currency payments processor GoCoin has introduced a click-to-bill feature today across its platform, which will allow merchants to more easily accepting digital currency payments from customers. These merchants - many of whom operating brick and mortar retail shops - are now able to create invoices and make requests for payments via email or SMS from the GoCoin dashboard. The company says that billing will also be enabled through the GoCoin API, aimed at the merchants who want to generate their own forms. When it comes to SMS billing, the customer will receive the message with a....
Operating a small business with Bitcoin just got a bit easier. Online billing service Hiveagehas announced its integration with Bitcoin wallet and exchange Coinbase, allowing its 45,000-plus small business and freelance clients around the world to invoice and accept payments in bitcoin. "Bitcoin is quickly becoming a useful way of transferring value, and it's been highly demanded over the past few months by our users," says Hiveage founder and CEO, Lankitha Wimalarathna. The company started receiving requests to add bitcoin support in June 2014, citing high transaction fees charged by....
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access to user accounts. Cryptocurrencies of at Least 6,000 Coinbase Customers Stolen by Hackers Cryptocurrency exchange Coinbase reportedly informed over 6,000 customers this week that their accounts had been compromised and funds were removed. A copy of the letter is posted on the website of....
All-in-one billing service provider Paydici announced this morning that they are partnering up with Atlanta, Georgia-based BitPay in effort to bring recurring billing to the bitcoin realm, a move Paydici says "will help ensure that businesses large and small can transact in bitcoin with their clients on a recurring basis without a taxing manual process." Paydici partners up with accounting solutions and financial institutions, offering turnkey billing, invoicing and payment solution for small and medium-size businesses. (I'd also like to take this time to point out that Portland,....
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions.
Coinbase Reportedly Asks Russian Clients to Withdraw Funds
Some Coinbase users from Russia have received letters informing them that their accounts will be blocked on May 31, the crypto page of the Russian business news portal RBC reported. The company suggested that these customers withdraw their....