28 Mar '16, 5pm

Coinkite to Terminate Bitcoin Web Wallets and Focus on Hardware

Prominent bitcoin platform CoinKite which has provided the Bitcoin community with secure and robust multi-sig wallets, merchant tools and developer API has announced today that the company will terminate its bitcoin web wallet service and developer API. Coinkite emphasizes that the team is still a huge supporter of bitcoin and will continue the development of bitcoin-related products. The Coinkite team stated on their blog that the company will drift apart from its software services to hardware products during the next few months. In the meantime, no new user sign-ups will be accepted and the Coinkite platform will not distribute any new API keys. Coinkite stated legal issues and DDoS attacks as a few major factors behind their decision to terminate its web wallet services. The Coinkite platform has continuously been a victim of intense DDoS attacks since its launch in 201...

Full article: http://thebitcoinpro.com/coinkite-to-terminate-bitcoin-we...

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