Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
News of the Competition (07/23/2014)
  • ATLANTA (7/23/14)--Finding bitcoins can be tricky, but a new and perhaps easier way to give and receive the digital currency recently has been developed: through Facebook. BitPay, a Bitcoin-based payment gateway, recently launched the "Get Bits" Facebook app that will allow users to give or receive bitcoins to or from "friends" on the social networking site ( The Paypers July 22). To gain access to bitcoin via Facebook, users must sign into their accounts and activate the application. Once logged in, users will be able to view which of their friends on Facebook also have activated the app and whether they are willing to help procure bitcoin by trade, gift or otherwise. "Because Bitcoin is one of the only forms of payment which cannot be fraudulently reversed, selling bitcoin usually requires some level of trust in the buyer," BitPay wrote on its online blog. "To deal with this, Get Bits (now) leverages the world's largest "web of trust," Facebook ...


RSS print
News Now LiveWire
Defense CU Council salutes top #Military #creditunions http://t.co/6BGANSXTXC
1 hours ago
#ICUDay sparks month-long campaigns @GCUAGov @NWCUA celebrating #CUDifference See #NewsNow http://t.co/TWoR6vW4Tj
1 hours ago
Social media use helps CUs establish credibility/authenticity says Amaia Stecker, @CUNA sr. social media media mangr. http://t.co/wWAPeDe7UW
2 hours ago
#creditunion affinity card programs make the grade for schools See #NewsNow http://t.co/TThZIvMRTO
16 hours ago
Home-price appreciation softens further in July #NewsNow #Market http://t.co/0MXVy9sby0
17 hours ago