Monthly Archives: August 2014

Report: Coinabul faces class-action fraud suit over bitcoin-to-gold business

Posted on 1st August, 2014

San Diego-based bitcoin-to-gold marketplace Coinabul is now facing a class-action lawsuit over claims it failed to fulfill “thousands” of orders and did not return customer funds. The suit was launched by Yazan Hussein, who says he sent 1,644.54 BTC to Coinabul last year for a transaction the company has yet to settle. The suit was […]

Coinbase announces partnership with AnyPerk, offers $10 in BTC to users

Posted on 1st August, 2014

In a post published today on the Coinbase blog, the San Francisco-based payment processor and wallet service announced a new partnership with employee perk provider AnyPerk.com. In addition to allowing AnyPerk users to buy products and services with bitcoin, the new partnership also comes with $10 worth of BTC when a Coinbase wallet is connected […]

Report: PayPal showcases bitcoin at TechXploration

Posted on 1st August, 2014

In an event held yesterday, eBay’s payment subsidiary PayPal hosted a packed presentation about the future of bitcoin payments called “PayPal TechXploration.” The event, covered in depth by CoinDesk, took place at the Town Hall space of PayPal’s office in San Jose, California. According to the report, demand for the conference was huge, with hundreds […]

Overstock planning to pay employee bonuses in bitcoin

Posted on 1st August, 2014

In an interview with Mashable, online retailer Overstock.com dropped a new bitcoin bombshell: The company is considering paying employee bonuses in BTC. Spokesman Judd Bagley told Mashable that the company is working out the logistics in advance of the end-of-year bonuses. The bitcoin-bonus program will be optional, although the bonuses will be higher than the […]