CaVirtex Closing Down

CAVirtex Square LogoOn February 15, 2015, CaVirtex found reason to believe that an older version of thier database that included 2FA secrets, hashed passwords and API keys, may have been compromised. This database did not include identification documents and all customer funds are safe.

CAVIRTEX has determined to cease active operations in the Bitcoin business and to return all customer funds. They are doing this because the security and the safety of customer funds are paramount to thier mission and to the success of Bitcoin in general. They believe that the damage to the company’s reputation caused by the potential compromise will significantly harm their ability to continue to operate successfully. All trading on the platform will cease on March 20th. They are asking all customers to please withdraw their funds by March 25th, 2015.

They are asking all clients to do the following:

1) Clear any CAVIRTEX browser cookies.
2) Log into your account and change your password.
3) Go to Settings -> User Preferences and set your BTC and LTC return address at the bottom of the page.

Bitcoin and Litecoin withdrawals were re-enabled late last week for those who had entered new return addresses, but they are reviewing accounts for suspicious activity and approving accounts for withdrawals on a case by case basis. For expedited service, please email returns@cavirtex.com. Processing accounts may take time.

CAD withdrawals are also available, but there is a queue for direct deposit exceeding thier payment processor’s daily limit. Expect CAD withdrawals to take at least 6 business days.

CAVIRTEX continues to believe, as we have over the last three and a half years of operation, that cryptocurrency is here to stay. They appreciate all the support from our amazing customers who have been on this journey with them.

CoinFest Vancouver

BTC LogoBetween February 20 and 22, the fourth edition of CoinFest will come to two dozen cities around the world, up from three cities in 2014.

In Vancouver, a cryptocurrency conference will take place at the Sandman Hotel Vancouver City Centre (180 West Georgia Street) on February 22. Speakers and panel discussions will cover topics that are standard fare for Bitcoin conferences, such as new projects, technological developments, and price. (One bitcoin was valued at around US$220 as of February 10.) On February 20, Decentral will present an Intro to Bitcoin event.

Coinkite Removes Limits on Multisig Bitcoin Wallets

Coinkite Bitcoin WalletCoinkite is now offering its starter membership free of charge, a move that finds the bitcoin technology startup removing the 1% withdrawal fee formerly associated with the service.

The offer makes a number of Coinkite services available up to certain limits. With a starter account, users can create multi-signature wallets, watch-only accounts and send bitcoin by SMS, email and voucher, among other services.

Read more here on CoinDesk: http://www.coindesk.com/coinkite-removes-limits-multisig-bitcoin-wallets-service-fee-shakeup/

QuadrigaCX Canada’s Best Bitcoin Exchange

QuadrigaCX LogoIn Canada, QuadrigaCX is the leading and most respected exchange in the country.  They operate just like a stock exchange but facilitate “buy” and “sell” orders for bitcoin trades and merchant transactions – trading with other crypto-currencies likely to be added in the coming future.

Since QuadrigaCX is the most trusted and has the highest trading volume, it’s truly the best place for both newbies and seasoned investors to start.  Additionally, they are also one of the only bitcoin exchanges in the world to offer you quick and easy withdrawals with an Interac e-Transfer.

You can get started with a FREE QuadrigaCX account today, simply click the branding logo below.

QuadrigaCX Bitcoin Exchange

QuadrigaCX Instant Funding

Vogogo & QuadrigaCX Press Release

Vogogo Bitcoin ProcessorPayment Processing specialist Vogogo Inc. (TSX VENTURE:VGO) today announced signed contracts with Bitcoin exchanges QuadrigaCX and BitMEX.

Vancouver-based QuadrigaCX is the leading Canadian Bitcoin exchange, offering a highly sophisticated trading platform as well as an online/offline merchant program. The majority of ATMs in Canada trade on QuadrigaCX and it was the first Bitcoin exchange in North America to obtain a Money Services Business (MSB) license.

Hong Kong-based BitMEX is the only centrally cleared Bitcoin derivatives exchange. BitMEX offers commercial hedgers, Bitcoin miners, and professional investors and traders the ability to exchange Bitcoin risk.

It is expected that both exchanges will integrate with Vogogo’s payment processing and risk management platform enabling each to offer users of their respective platforms seamless transactions between Bitcoin and fiat currencies in the US and Canada, with the EU expected in Q1, 2015.

Vogogo will continue to test and scale its payment processing and risk management platform through the remainder of Q4, 2014 and anticipates reaching commercial trading volumes in Q1, 2015.

Vogogo CEO Geoff Gordon said of the announcement, “Integrating cutting edge Crypto exchanges such as QuadrigaCX and BitMEX is another significant step in our established growth strategy. It is also another validation of the value new and innovative Crypto exchanges are placing in the Vogogo platform to help them access and transact seamlessly with traditional banking networks.”

“I look forward to working with Vogogo and integrating their innovative payment solutions with the QuadrigaCX Bitcoin trading platform,” said Gerald Cotten, Founder & CEO of QuadrigaCX. “With Vogogo’s experience in processing payments for the cryptocurrency industry, I’m confident that their services will simplify and expedite the funding and withdrawal process for our clients.”

BitMEX Co-founder and CEO, Arthur Hayes said, “Partnering with Vogogo will allow BitMEX to offer fiat margined contracts, and expand the sophistication and breadth of our product offerings.”

Vogogo is a TSX Venture Exchange (“TSXV”) publicly traded payment services company with integrated risk management and compliance. Founded in 2008, Vogogo designed, built and launched its web-based payment processing technology while growing its expertise in software development, payments, risk management, compliance and related financial services. Vogogo is now executing on its plan to serve global markets. The plan focuses on market opportunities where Vogogo believes it has a competitive advantage due to its positioning and technology.

For further company information please view the Vogogo Media Kit.

About QuadrigaCX:

With offices in Vancouver, BC, QuadrigaCX is the leading Canadian Bitcoin exchange, often No. 1 by volume on BitcoinAverage.com. Quadriga offers the most sophisticated trading platform in Canada, an online/offline merchant program, and has placed numerous Bitcoin ATMs around Canada. The vast majority of ATMs in Canada trade on QuadrigaCX. QuadrigaCX was the first Bitcoin exchange in North America to obtain an MSB license. QuadrigaCX is also the only exchange in Canada to offer a gold/Bitcoin (XAU/XBT) order book.

QuadrigaCX Certified Bitcoin Professionals

logochangedTo ensure the highest level of customer service for QuadrigaCX customers, all QuadrigaCX employees have earned a “Bitcoin Certified Professional” certificate and license number issued by the Crypto Currency Certification Consortium. They are the first Bitcoin exchange in Canada to embrace the high standards that have been put in place by C4 and look forward to other cryptocurrency companies following suit.  To learn more about C4 or QuadrigaCX, follow these links:  QuadrigaCX Bitcoin Exchange

Crypto Currency Certification Consortium

What is Bitcoin?

What is Bitcoin?What is Bitcoin?  – A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

Read the entire bitcoin whitepaper here: https://bitcoin.org/bitcoin.pdf

CaVirtex ATM Locations

CaVirtex ATM LocationsCaVirtex is excited to announce that their Bitcoin ATMs (BTM’s) are up and running.  It was with great pride that CaVirtex placed the ATMs in prime locations throughout the Greater Toronto Area, Ottawa, and Niagara Falls. You can buy Bitcoin instantly in person with Canadian cash. All you need is a cell phone that can accept text messages. All CaVirtex Bitcoin ATM’s are connected to their exchange so you can be sure you are getting the best execution from Canada’s largest and most liquid Bitcoin exchange. CaVirtex Bitcoin ATM’s are located in prime locations for your convenience. Below are the locations of their Bitcoin ATM’s, including the Ottawa location:

•       Bayshore Shopping Centre (100 Bayshore Dr., Nepean)
•       Scarborough Town Centre (300 Borough Drive, Scarborough)
•       Yonge and St. Clair (2 St Clair Ave. W., Toronto)
•       Greyhound Bus Terminal (610 Bay St., Toronto)
•       Brookfield Place (181 Bay St., Toronto)
•       Square One (100 City Centre Drive, Mississauga)
•       Yorkdale Shopping Centre (3401 Dufferin Street, Toronto)
•       Casino Niagara (5705 Falls Avenue, Niagara Falls)

Start now by creating your FREE CaVirtex account and online wallet to deposit your bitcoins.  Sign up here: CaVirtex Account & Bitcoin Wallet

CaVirtex Accepts INTERAC Online

Cavirtex Interac OnlineCaVirtex, Canadian Bitcoin Exchange just recently added INTERAC Online as a deposit method. Therefore if you have a TD, Scotia, BMO or RBC bank card that is non-VISA Debit you are able to use INTERAC Online as a payment option to fund your account.  How it works is that you be will sent to a payment gateway and simply select  the amount and the bank in which you would like to withdraw your funds from.  You will then be sent to your bank’s site where you will login and see the transaction processed along with the funds debited from your account.  It’s that easy.  Props to CaVirtex for adding INTERAC Online to their wheelhouse of payment options.  To create your FREE account with CaVirtex sign up here: CaVirtex Account

RushWallet by Kryptokit

RushWallet by Kryptokit The team behind the popular Kryptokit wallet and encrypted messaging extension for Chrome browsers now has a new offering called RushWallet, allowing near-instant bitcoin wallet creation from any device or platform.

The philosophy behind RushWallet is “ease of use and removing friction”; effectively, bitcoin should be as quick and accessible as reaching into your pocket for some cash. There shouldn’t be any need to remember login and password credentials every time you need to spend some money, and you should keep full control over your private keys.

Read more here:  http://www.coindesk.com/rushwallet-delivers-fast-frictionless-login-free-bitcoin-wallets/

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