Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

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
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
18 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
18 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
20 hours ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here: http://t.co/YtUejEmAYP
20 hours ago
CCUA hosts @TheNASCUS college for #creditunion directors http://t.co/CftpSXDKWx
23 hours ago