by Will Long | Nov 21, 2017 | blog, Cryptocurrency, News, Video
Just out, The cryptocurrency, Tether has been hacked. And the hacker has run off with $31 million worth of tokens.
Currently Tether is at #20 on coinmarketcap.com totaling $634,400,000. The startup company from Santa Monica, California provides a Dollar backed cryptocurrency. Basically Tether enables traditional currency to be used like digital currency. They facilitate US dollar, Euro, and soon Yen transfers between crypto exchanges such as Bitfinex and Poloniex.
From thehackernews.com:
According to an announcement on the company’s official website posted today, the unknown hacker stole the tokens (worth $30,950,010) from the Tether Treasury wallet on November 19 and sent them to an unauthorized Bitcoin address.
The stolen tokens will not be redeemed, but the company is in the process of attempting token recovery in order to prevent them from entering the broader cryptocurrency market.
The attacker is holding stolen funds at the following bitcoin address:
16tg2RJuEPtZooy18Wxn2me2RhUdC94N7r
About Tether:
Worried About Getting Hacked?
One of the main pillars of the cryptocurrency industry is real ownership. With your private keys you can prove that digital currency is yours and that you control it. With traditional central banks, they hold you money and technically own your account. They control it, not you.
This is a huge advantage and improvement of banking and money systems of the past. However, with real ownership comes real responsibility and stewardship. Do your due diligence and research on crypto projects. Many have secure and decentralized blockchains, but not all.
We suggest diversifying your crypto portfolio to hedge against the loss via hacking. And store you crypto across several wallets. We also advise people to use decentralized exchanges such as BitShares. Centralized exchanges and platform are vulnerable to hacks, truly decentralized systems are not.
by Will Long | Mar 16, 2017 | Dash, New Designs, News
We are now accepting Dash for payment of anything in our online store! Including Bitcoin and Dash shirts!
Our Address:
What is Dash?
How is Dash different than Bitcoin?
Dash is completely anonymous, Bitcoin is not. Due to the code, people can’t do reverse look ups on the Blockchain to track patterns and then track transactions on Dash.
To accomplish anonymity, Dash leverages a built in mixing service that hides the chain of the coin’s transactions.
In Dash, there are special nodes called masternodes that mix the coins.
For a transaction on Dash, the following happens:
- The coins leave the sender’s wallet.
- The coins then go to a masternode and get mixed up with coins available on the masternode.
- The coins that go to the recipient are now different than the original coins sent from the sender.
Dash also has instant transactions. A small fee is paid to the masternode and the transaction completes within seconds, without the need for confirmations. Bitcoin is lacking in this regard. Bitcoin transactions are now taking hours as of 3/15/17.
Our new Dash shirts and hoodies:
More on Dash: dash.org
Want to use Dash alongside your other cryptocurrencies? Check out the Exodus wallet. They let you control your keys and store Bitcoin, Ethereum, Dash, Litecoin, & Dogecoin all in one convenient place.
Check out exodus.io
Check out our Steemit post about accepting Dash: Steemit.com
by Will Long | Dec 31, 2016 | Bitcoin, blog, Facts
We have aggregated the top and most widely used Bitcoin debit cards from around the world. This list has been updated as of December 2016. These cards should be fully functional for 2017.
Some of the Bitcoin Shirtz team members use the Shift Card detailed below. The Shift Bitcoin debit card connects to a user’s Coinbase account and is relatively easy to use.
At Bitcoin Shirtz we encourage everyone to use Bitcoin and cryptocurrencies as much as possible. This is in contrast to using state created fiat currencies that constantly lose value and help fund wars around the world.
Bitcoin debit cards help people transact and use bitcoin above and beyond the current economic loops in the Bitcoin space.
The Full List Of Bitcoin Debit Cards
| Bitwa.la |
VISA ® Prepaid.
Balance in EUR. FAQ, Fees and Limits
Card issuer: MyChoice
0.5 % Load Fee, Mid-market-rates (BitStamp)
Physical and Virtual Cards |
| WB21
Due to a high demand, the order form is currently deactivated . |
Mastercard
Balance in USD, EUR, GBP, CHF
Account loading with BTC – 1% Card fees
Plastic Card
Virtual Card connected with smart phone’s NFC |
| Coinsbank |
Mastercard & VISA. Fees and limits
Balance in BTC, LTC, USD, EUR, GBP, RUB
Card issuer: MyChoice/WaveCrest (Named VISA), FSC (Anonymous MasterCard)
Instant Virtual Cards (MyChoice VISA)
Real-time conversion |
| Xapo |
Visa
Balance in BTC Fees
Card issuer: MyChoice
Real-time conversion |
| Uquid |
Visa Fees Limits
Balance in USD, EUR. GBP
Card issuer: Wave Crest/MyChoice |
| Advcash |
Mastercard. Balance in USD, EUR Fees
Card issuer: Wave Crest/MyChoice |
| cryptopay.me |
Balance in USD, EUR, GBP |
| Coinizy |
Visa
Balance in USD
Not available in some countries |
| Spectrocoin |
Visa Fees and limits
Balance in USD, EUR, GBP.
Card issuer: MyChoice |
| BitPay |
Visa coindesk
Balance in USD
Card issuer: Metropolitan Commercial Bank |
| Bitnovo |
Balance in EUR |
| Shift |
Visa. Balance in BTC (Coinbase) |
| worldcore.eu |
Fees
Mastercard. Loading with BTC – 3%
Balance in USD, EUR Article |
| MoneyPolo |
Visa, Mastercard.
Balance in USD, EUR, GBP |
| Wirex (former e-coin) |
Fees and limits
Mastercard (plastic)
Balance in USD, EUR, GBP
Card issuer MyChoice/WaveCrest |
| ANX |
Visa. Balance in USD FAQ
Card issuer: mBank (Poland) |
| Rock Trading |
|
| DSX.uk |
Balance in USD, EUR
MasterCard
via epayments |
| bitstamp.net |
Balance in USD, EUR, GBP Fees and limits
Card issuer: AstroPay |
| Wagecan |
Mastercard. Balance in USD, EUR (soon BTC)
Fees
Card issuer: TransForex (Hong Kong) |
| getonebit.com
in development |
Can be used at POS-terminals with NFC
Maestro PayPass and Visa PayWave
Balance in BTC Discussion on reddit |
| bitnation.co |
Visa Fees and limits |
| SatoshiTango |
Visa. Balance in USD
Card issuer: MyChoice |
| Bitfinex + Blade Payments
comming soon |
Article
Balance in BTC |
| plutus.it
in development |
Can be used at POS-terminals with NFC
Maestro PayPass and Visa PayWave
Balance in BTC Discussion on reddit |
| https://cryptobuyer.io/ |
Visa. Only for Venezuelans?
Card issuer: MyChoice. |
| Shakepay.co |
Virtual cards + NFC. Balance in 21 currencies (fiat)
Visa |
| capitalist.net
switch to English on top-right |
Visa
Balance in USD, EUR
Card issuer: Wave Crest/MyChoice |
| unichange.me |
Visa
Balance in USD, EUR |
Sources: Reddit.com cointelegraph.com
Contact us if any of the above information needs updating.
We hope you find this list of Bitcoin debit cards useful.
by Will Long | Dec 24, 2016 | Bitcoin, blog, Facts
Welcome to the Bitcoin Shirtz Blog! We found a video covering bitcoin facts so we thought we would focus on the 10 most wild Bitcoin facts. We will include the video at the bottom.
10. Bitcoin Basics : Bitcoin is a digital currency that was created in 2009. It operates on a peer to peer network. Digital wallets are used to send and receive Bitcoin. Bitcoin has no central authority, so the price is set by the market (supply & demand).
9. More and more people are transacting with Bitcoin. You now buy tickets to space with Virgin Galactic (Sir Richard Branson’s Company). Lamborghini now accepts Bitcoin and is the first car company to make this bold move.
8. The Bitcoin supply is finite. Bitcoins are produced and enter the market through a process called mining. Mining is the process by which transactions are verified and added to the public ledger. This ledger is known as the blockchain.
7. The value of Bitcoin is volatile. That means it varies given the market forces. However, the price of Bitcoin continues to rise as it proves to be one of the best ways to store and hold value. The more people realize this, the more demand will go up forcing a price increase.
6. Not everyone fares well in the crypto market. Sometimes you make a bad trade. Other times you have poor security and your account or exchange is compromised.
5. Governments do not like Bitcoin. It operates without a central control. They do not understand blockchain technology and therefore do not know how to regulate it.
4. The maximum amount of Bitcoins that will ever be produced is 21 million. The production rate is cut in half every four years.
3. Nonprofits rely on Bitcoin for donations. Wikileaks is just one of these companies.
2. Bitcoin is used as the main currency in black markets around the world. The Silk Road is one of the most widely known black markets that relied on Bitcoin
1. Who is Satoshi Nakamoto? We still have no idea. Satoshi Nakamoto is the name used by the unknown person or persons who designed bitcoin. They devised the first blockchain database. A monumental accomplishment for mankind! And we still have no idea. People thought is was Michael Clear, then Dorian S Nakamoto, then Craig S Wright. But again and again the evidence falls short.
by Will Long | Dec 22, 2016 | Bitcoin, BitcoinShirtz, blog
BitcoinShirtz.com is now live! We have over 10 t-shirt and hoodie designs ready in our shop at the time of our launch.
Shop All Shirts & Hoodies
At Bitcoin Shirtz we create t-shirts and hoodies with unique Bitcoin and Cryptocurrency designs.
Here are some of our designs on different hoodies and tanks.
You can choose your favorite design and we will put it on a hoodie, tee, or tank. We also provide a large selections of colors.
You can expect a variety of new designs every week! We are constantly thinking of new creative ways to express our passion for Bitcoin.
About The Brand
Bitcoin Shirtz is a project dedicated to furthering the adoption of Bitcoin and cryptocurrencies around the globe. We are big believers in blockchain technology, the underlying technology behind cryptocurrencies like bitcoin.
Bitcoin Shirtz is all about freedom. And Bitcoin provides financial freedom to people everywhere. Don’t be “unbanked”. Be your own bank with Bitcoin and digital currencies! Today, governments and credit card companies take cuts from everyone’s transactions. By choosing to use crypto currencies, you can transact in an instant (it doesn’t matter where you are) and for nearly free.
Entrepreneurs, innovators, and freethinkers use bitcoin because it is fast secure and global.
“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value” – Eric Schmidt, CEO of Google
Bitcoin is for those that believe in technology and the power of innovation.
Bitcoin is free from government authority. This is ultimately a good thing. Governments around the world are responsible for war, unjust taxation, and terror. When people use state created currencies, they fund government wars and parades. With Bitcoin, you are in control. You can pay taxes voluntarily and on your own terms, if you choose to do so.
Bitcoin Shirtz is brand born of LOVE.
We are a part of the digital world now. We share our experiences online. Connect with loved ones online. Technology is allowing humanity to reach new heights.
Bitcoin and Cryptocurrencies don’t care where you were born, what color your skin is, or where you are in the world.
They are open networks.
They are decentralized and maintained by people all over the world.
They are transparent. Anyone can verify the transactions.
Bitcoin is a global community of inclusion.
It is an invitation to engage in an open world.
Choose Love, Choose Bitcoin
Cryptocurrency We Accept
Pay for all shirts and hoodies with Bitcoin and Crypto. We accept the following:
How To Pay in Bitcoin or Crypto
Shop All Shirts & Hoodies
We want to hear from you! Suggestions on design? Want to get involved? Contact us!
About The Author: Will Long is the Founder of BitcoinShirtz.com
