Sultan says so

Bitcoin exchange Paybase Monday has shutdown withdrawals from its users, causing a fury on Twitter and throughout their user base, as another exchange closure is feared. Paybase founder Josh Garza has been unavailable for comments, with many users claiming he blocks their account if pressed on this issue on Twitter. Garza has a controlling interest in the Bitcoin mining firm GAW Miners, along with many altcoin ventures. Paybase started to experience trading issues in January when the Securities Exchange Commission (SEC) began an investigation. This led to accusations that Paybase and GAW Miners were executing “fraudulent conduct in the sales of securities” with regard to the sale of their Paycoin digital currency. Like many altcoins, users are able to buy into Paycoin by exchanging Bitcoin, and Paybase would handle the transaction on it’s exchange. Paybase has a checkered past when it comes to withdrawals. All withdrawals were suspended from February 27th, 2015 to March 8th, 2...

Earlier this week, CoinDesk’s Pete Rizzo reported on Gyft CEO Vinny Lingham‘s appearance at this year’s SXSW conference. Lingham was featured on a bitcoin-related panel with Boost VC Founder Adam Draper, Chain Founder Adam Ludwin, and Changetip Founder Nick Sullivan. It was during this panel that the Gyft CEO announced his companies intentions to “tokenize” gift cards and issue them as colored coins http://coloredcoins.org/ on top of the bitcoin blockchain. Read More: Issuing gift cards as colored coins Colored coins are a way to tokenize bitcoins for other uses. For example, you could say that a particular bitcoin represents $1000 in a vault somewhere, a deed to a house, or in this case a gift card. Once you tokenize a bitcoin, the value that it represents can then be transmitted across the world in the same instant and secure manner as a normal bitcoin. Lingham noted, “We can use this technology to make sure that consumer gift cards are protected, that counterparty risk is man...

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ALLCRYPT.COM HACKED INTO OBLIVION THIS COMES STRIGHT FROM THE ALLCRYPT.CO BLOG Posted by AllCrypt Staff on March 18, 2015 Late Sunday night AllCrypt was hacked. We spent the last few days going over logs, speaking with other crypto exchange operators and law enforcement, and here is what we know. Around 8PM on Sunday (all times EDT) our marketing director’s blog account requested a password reset. Up until the writing of this post (Wednesday morning, 10am) we do not know how the thief managed to know the marketing director’s (will refer to this as MD from here) account. Our best guess is it was an educated guess based on info found (more on that in a moment). The MD saw this email come in, and forwarded it to myself, and another team member (a technical lead/temporary assistant support staff), letting us know what happened and that he did not request the password reset. I did not see the email at the time, as I was out, and it was not a huge red flag that would require a phone...

  42 COIN Basic Info Launched: January 4,2014 By: Hendo Type: Scrypt Algo Supply: 42 Coins Speed: 42 Second Retarget: Every 7 Minutes Reward: 0.00000010 Block reward for the first 419 blocks, Blocks 420+ are 0.00004200 block reward Reduction: Premined: 52.5 million DGB for giveaways over first two months to encourage adoption of DGB. Fees: 0.00000001 Website: Source: History and concepts  behind the 42 COIN! ____________________________ _ ___   ____________________ 42Coin (42) The premise behind 42 Coin is its rarity with only 42 coins to ever be created, anyone with a computer can easily join the network to start mining, accepting and sending 42 coin payments for personal or business reasons. 42 Coin is similar to Bitcoin with its financial system and user friendly features that allows users to send and receive coins with anyone in the world using digital addresse...

F.A.Q ABOUT USA FAUCET Q: How can I earn more? A: Check out our recommended sites . Q: How often can I get free Bitcoins? A: You can dispense free Bitcoins every 3 hours. Q: When will I get my Bitcoins? A: We pay out every 2 days to everyone who reached the cash out threshold of 1 satoshi. Q: Are rewards going to change? A: Rewards may go up or down as market prices change. We also reserve the right to change dispenses from last 24 hours...

Chaotic Moon Studios, a creative technology studio in Austin, awed South By Southwest Interactive Festival attendees with their futuristic fitness application, FitCoin. While other fitness trackers only calculate, Chaotic Moon's FitCoin motivates, with cash. The app measures the length and intensity of a workout and converts it to CPU time on a bitcoin mining rig. The more users workout, the more digital currency they mine. Get fit, get rich, or die mining. "This concept combines two of our specialties: looking good and making money," said Chaotic Moon CEO, Ben Lamm. "We're always trying to turn existing habits into new opportunities to make money—this one was an obvious fit." FitCoin syncs with a user's fitness tracker to log vital variables from a workout: including duration, intensity, and distance. Chaotic Moon's proprietary algorithm then determines the amount of bitcoins earned during each session. FITCOIN- I WORK OUT! "At ...