Archive for the ‘Crypto News’ Category

dogecar
Josh Wise the driver of the DOGE community sponsored Nascar DogeCar is back at the Talladega Superspeedway for the GEICO 500 race this Sunday. Josh has also launched a dedicated website for the DogeCar where you can support the team for 2015 with some nicely themed merchandise and even an official sponsorship coin. If you are a DogeCoin fan or like the idea to have a crypto currency backed car in Nascar you are welcome to show your support. The only thing we could not find on the dedicated DogeCar website is a DOGE address for direct donations in DogeCoin as we are sure that a lot of people would be more than happy to just send some coins to support the DogeCar… we do have some ready to be sent.

Visit the official dedicated website of the DogeCar for more information…

cexio-sepa-support

Some good news for the European users of the CEX.IO Bitcoin cloud mining and trading platform – the introduction of a new payment instrument SEPA (Single Euro Payments Area). After the recent addition of USD and EUR fiat trading the addition of SEPA support for Deposits and Withdraws makes the trading part of the service even more attractive to users from Europe – easier, faster and with lower fees.

SEPA is a European Union regulation that integrates payment systems, which uses common standards, faster settlement and simplified processing. With the new feature available, the users will benefit with a driving down cost: all withdrawals can be processed with a lower fee – €0.4 for SEPA users as opposed to the €5 for a standard international payment. Moreover, the deposits are totally free, so no additional taxes there.

For more information and to check out the latest features offered by CEX.IO…

mintpal-is-down

Moopay LTD, the company behind Moolah and the MintPal exchange, has officially announced that it will be filing for bankruptcy and dissolution following the administration process; and ceasing operations. The company ensures that all funds held in consumer accounts are safe – consumer funds are essentially held in the equivalent of a client trust account and are fully separate. People should be able to withdraw them via the normal route up until the end of the month. Any businesses or entities with funds held in any other fashion with the company will be contacted over the next month as a part of the bankruptcy and creditor process.

As a result of the company closing doors and filing for bankruptcy, MintPal is currently down and will no longer be managed by Moolah who are apparently do not own the exchange, but were only responsible for management. There will be a new management team who will be responsible for making a number of stability changes, UI improvements and bug fixes as well as handling the resolution of issues surrounding missing balances. An update with more information should follow on mintpal.com shortly, with details of further timeframes according to the announcement made. It is a fact however that MintPal needs to earn back the trust of the thousands of users it had and that is getting harder to achieve as each ay passes with things not getting much better than they were the day before.

To read the full official announcement from the company’s CEO Alex Green…


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