Bitcoin Tipping Service ChangeTip to Shut Down
Months after its core development team was acqui-hired by accommodations startup Airbnb, bitcoin tipping service ChangeTip is closing its doors. Nick Sullivan took to Reddit today to announce the closure. He said that the tipping service will be officially turned off at the end of November, though its website will remain open “for a number of months” in order to allow for user withdrawals. The closure comes less than two years after the startup, once a popular tool for sending bitcoin tips via social media, raised $3.5m in a seed funding round. ChangeTip sought to bring bitcoin tipping to....
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Popular Bitcoin tipping platform ChangeTip has announced the service is shutting down operations. The company has been deliberating ways to continue the service, but unfortunately, in the end, it said the only option was to shut down. ChangeTip Will Shut Down Operations. Founded in December of 2014 by Nick Sullivan, the company ChangeCoin created its....
Potentially bitcoin's first killer app, tipping has been a hot topic of discussion lately. Earlier this week Bitcoin investment firm Pantera Capital announced its participation in the Series A funding round for social tipping startup, ChangeTip. And just last month Coinbase launched its bitcoin tipping button to allow anyone to accept micropayments anywhere on the web. Despite it being early days in the world of bitcoin tipping, it seems as though early adopters have their personal preference when it comes to which service they want to use to spread value across the internet. A discussion....
San Francisco based Bitcoin microtransactions startup ChangeTip announced the launch of a new service called ChangeTip Wallet today. ChangeTip Wallet is being launched as a decentralized version of ChangeTip’s social tipping service ChangeTip. ChangeTip Wallet will offer the same services as ChangeTip but it is decentralized and has fewer restrictions in terms of account size, transaction amount and user locations. Users will also be able to manage their own private keys. Founded by Nick Sullivan in 2013, ChangeTip enables users to send micropayments or “tips” in Bitcoin across various....
Users of online Bitcoin tipping service ChangeTip can now receive and send tips in US Dollars. Launched in 2013, the San Francisco-based platform is known to have tipped around $250,000 by January 31st, 2015. In many cases, ChangeTip had also been used as a micropayment settlement service, by denominating the Bitcoin tips in small fractions - known as 'bits'. However, their decision to integrate the USD comes as a surprise to most of the Bitcoin community. On its latest thread on Reddit, ChangeTip revealed the reasons behind the sudden revamping. The company had lately conducted a....
Bitcoin wallet and exchange Coinbase today announced its plan to discontinue its Bitcoin tipping services effective April 1st this year. As stated in the company's blog, the reason behind their sudden withdrawal from micro tipping business is ChangeTip - another bitcoin tipping service which has been constantly ruling the market. In Coinbase's own words, the latter has got "some better traction and done a great job at pushing the tipping ecosystem forward." Coinbase further announced that it would encourage its existing tipping customers base - around 10,000 individuals - to move to....