Tag: Coinkite

Coinkite Says ‘we may have leaked a copy of our database’

On the 28th of March, 2016, Toronto-based bitcoin hardware manufacturer Coinkite announced its decision to exit the web wallet business due to various technical and legal issues. At the time, the company warned existing users of various phishing attempts and to watch out for suspicious email communications purporting to originate from Coinkite. In a security bulletin published today, Coinkite has warned that the entire database, which contains sensitive login details, …
[Read More]

Bitcoin Users Keep Searching For The Perfect Web Wallet

With the Coinkite debacle regarding the shutdown of their web wallet services, many Bitcoin users are starting to look for alternatives. However, they continue to do so in the form of centralized wallet services, rather than taking full control over their coins at all times. Some people will only learn the hard way, by the look of things. Also read: IBM Joins Consensus 2016 Fintech Conference as a Sponsor Web …
[Read More]

Coinkite Will Charge Membership And Termination Fees Soon

Many people were annoyed when the news broke regarding Coinkite winding down their web wallet and payment terminal services. Although most of these tools have been shut down already, ¬†there are still some things existing account holders might want to take into account, such as a termination fee and monthly fee that will be charged. Also read: OpenBazaar Adds More Functionality With New Update Coinkite Users Need To Beware Of …
[Read More]

Coinkite POS Terminals Will Become Useless On April 27th

Some more details have been unveiled to us regarding the recent decision by Coinbase to halt support for their software solutions. By the look of things, the company will be ensuring their current batch of payment terminals will stop working as well. API access will be revoked in the next 30 days, rendering the Coinkite payment terminals to a brick. But a new terminal has been hinted at, ¬†for which …
[Read More]