Coinkite Processes $250 Million in Third Quarter: 10% of Total Daily Bitcoin Transactions
Leading bitcoin platform, multi-sig vault service provider and bitcoin merchant payment processor Coinkite has powered more than USD$250 million over the past three months, processing around 10 percent of the world's total daily bitcoin transactions. "It is remarkable what can be done with the right team and bitcoin. We are processing 5 to 10 percent of....
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Ripple’s latest Q3 2020 report shows the firm made On-Demand Liquidity (ODL) sales of $81 million this quarter. By contrast, the previous quarter had ODL sales of $33 million. In addition, the Average Daily Volume (ADV) also showed a marked increase. This quarter’s ADV is up 106% to $404 million dollars, leading to a total […]
Coinkite, a bitcoin platform that transacts more than 400,000 BTC per month, has reported a bitcoin malleability attack that requires users to be careful about zero confirmation receipts since there are two versions of a transaction (low S high S). Coinkite is requiring one confirmation for deposits before it uses them in a new transaction. Transactions have been modified and rebroadcast with new transaction numbers, indicating a malleability attack. The attacks have occurred over the last 24 to 48 hours. Almost all transactions on the network have suffered the attacks. Customer Funds Not....
Coinkite has made it astonishingly easy to accept and pay using Bitcoins in stores. They have created a system that uses the ordinary merchant terminals, that accepts VISA and Mastercard transaction, to include Bitcoin and Litecoin transactions. It takes probably a few more seconds to pay with Bitcoin or Litecoin on one of the merchant terminals, but Coinkite is into something here. They could manage to lower the "adoption wall" for using Bitcoin as personal payment method. Coinkite makes Bitcoin Purchases so Simple. We have earlier discussed that PayPal might start using Bitcoin in some....
CCN just interviewed the first company to market a Bitcoin point of sale (POS) system, Coinkite. Coinkite offers merchants the ability to accept Bitcoin through Coinkite terminals, as well as their own API (Application Programming Interface), which allows merchants to build robust check out systems for everything from online shopping carts to pizza restaurants. For shoppers, Coinkite offers their own Bitcoin debit card. You might remember Coinkite and how easy it is to use, from one of our stories back in January this year. Coinkite has recently revealed an Onion for Tor, as yet another....