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Title: No more Paxum with any Bitcoin project? Post by: kitich on February 11, 2012, 06:38:26 AM Quote 2012-02-11 Bitcoin Termination Effective immediately, Paxum Inc can no longer accept any accounts related to Bitcoin or Bitcoin Exchange. All current Bitcoin accounts have been closed and may no longer perform any transaction. Account holders will be able to withdraw their funds via wire transfer. (c) paxum.com (announcement list, only from logged account) wtf =( Title: Re: No more Paxum with any Bitcoin project? Post by: bitcoinTrader on February 11, 2012, 07:16:42 AM I had opened paxum account specifically for this.
I dont see many merchants accepting paxum (like paypal). Hence, I think I dont have any need for the account. Any1 knows how to close the account? Title: Re: No more Paxum with any Bitcoin project? Post by: damnek on February 11, 2012, 12:03:55 PM My bet is that they (or some user accounts) got hacked, and that the hacker used the money to buy bitcoin.
It just seems a bit too much of a coincidence that they rolled out "security upgrades", forcing me to change my password, at the same time they blocked bitcoin transactions. Also, I noticed that Paxum allowed me to set a reasonably weak password, one that wouldn't get accepted by many other sites. Title: Re: No more Paxum with any Bitcoin project? Post by: osmosis on February 11, 2012, 12:35:31 PM is there a link to an actual press release?
Title: Re: No more Paxum with any Bitcoin project? Post by: paraipan on February 11, 2012, 12:37:22 PM I received an e-mail, seems a little strange to have the password reset if they weren't hacked though
Quote Dear Paxum Client, We are glad to inform you that our login security engine has been upgraded to provide enhanced security for all sensitive data. In order to benefit from the new features, we are kindly asking you to change your password. Enclosed you will find a temporary password that will enable you to login to the site for the first time, at which time you will be prompted to change it. Please select a secure password that is at least 6 characters long, and do not share it with anyone. We also urge you to select a password that is different from any other password you have had with us in the past or may hold with any other secure application. TEMPORARY PASSWORD: XXXXXXXXXXX Additionally, note that this email does not contain any links. Please access our service as you usually would, by typing the address in the address bar. This holds true for any and all financial institutions. Clicking a link enclosed in an email might lead you to a phishing site, and is not recommended. Sincerely Yours, Paxum.com Team Title: Re: No more Paxum with any Bitcoin project? Post by: jorgen on February 11, 2012, 01:37:28 PM This is not true! I use paxum with mtGox and I have no any notifications from paxum support However it's true that they change password because of login security engine upgrade.
Title: Re: No more Paxum with any Bitcoin project? Post by: EuSouBitcoin on February 11, 2012, 01:37:56 PM I never really liked Paxum anyway. I prefer Dwolla.
Title: Re: No more Paxum with any Bitcoin project? Post by: damnek on February 11, 2012, 01:58:32 PM This is not true! I use paxum with mtGox and I have no any notifications from paxum support However it's true that they change password because of login security engine upgrade. Tell me where on mt.gox the option to add funds using Paxum is then. Title: Re: No more Paxum with any Bitcoin project? Post by: kitich on February 11, 2012, 03:06:53 PM It's not a main page news, but here https://www.paxum.com/payment/announcementList.php?view=views/announcementList.xsl a can see this news.
Title: Re: No more Paxum with any Bitcoin project? Post by: osmosis on February 11, 2012, 03:09:04 PM It's not a main page news, but here https://www.paxum.com/payment/announcementList.php?view=views/announcementList.xsl a can see this news. That link is broken. Is this a scam? Title: Re: No more Paxum with any Bitcoin project? Post by: EuSouBitcoin on February 11, 2012, 03:10:55 PM Log in to your Paxum account and then click on Announcements to see the posting regarding no more biticoin or bitcoin exchange related business.
Title: Re: No more Paxum with any Bitcoin project? Post by: jorgen on February 11, 2012, 03:33:54 PM Log in to your Paxum account and then click on Announcements to see the posting regarding no more biticoin or bitcoin exchange related business. Thanks, you are right. 2012-02-11 Bitcoin Termination Effective immediately, Paxum Inc can no longer accept any accounts related to Bitcoin or Bitcoin Exchange. All current Bitcoin accounts have been closed and may no longer perform any transaction. Account holders will be able to withdraw their funds via wire transfer. Title: Re: No more Paxum with any Bitcoin project? Post by: Yankee (BitInstant) on February 11, 2012, 06:11:56 PM They suspended our account as well.
See this post: https://bitcointalk.org/index.php?topic=63465.0 Charlie, BitInstant. Title: Re: No more Paxum with any Bitcoin project? Post by: shakaru on February 11, 2012, 11:39:43 PM Account suspended....
Title: Re: No more Paxum with any Bitcoin project? Post by: ColdHardMetal on February 12, 2012, 12:49:50 AM Seems Moneybookers is doing the same thing. Interesting timing.
https://bitcointalk.org/index.php?topic=63096.0 Title: Re: No more Paxum with any Bitcoin project? Post by: finway on February 12, 2012, 04:42:14 PM Why?
Title: Re: No more Paxum with any Bitcoin project? Post by: Ferroh on February 13, 2012, 05:49:54 AM Why? Paxum official response: http://gfy.com/showpost.php?p=18753403&postcount=1 Follow up: http://gfy.com/showpost.php?p=18753657&postcount=22 Title: Re: No more Paxum with any Bitcoin project? Post by: osmosis on February 13, 2012, 06:26:47 PM Well, that doesnt look like an offical forum.
But we could spin this in our favor. "Mastercard trys to stop bitcoin, but fails." Title: Re: No more Paxum with any Bitcoin project? Post by: osmosis on February 13, 2012, 11:15:09 PM http://www.betabeat.com/2012/02/13/banking-partners-force-paxum-to-drop-bitcoin-due-to-potential-risk/ Title: Re: No more Paxum with any Bitcoin project? Post by: pent on February 14, 2012, 03:02:45 AM War against bitcoin started.
Megaupload is illegal, but buying drugs and guns online is okay? http://rt.com/usa/news/illegal-silk-road-guns-107/ How Technology Complicates The War On Drugs: Guns And Drugs For Sale Online http://www.forbes.com/sites/erikkain/2012/01/30/how-technology-complicates-the-war-on-drugs-guns-and-drugs-for-sale-online/ Paxum Ends Association with Bitcoin Exchanges http://news.avn.com/articles/Paxum-Ends-Association-with-Bitcoin-Exchanges-464460.html Banking Partners Force Paxum to Drop Bitcoin Due to ‘Potential Risk’ http://www.betabeat.com/2012/02/13/banking-partners-force-paxum-to-drop-bitcoin-due-to-potential-risk/ I think someone already took sight at MtGox due its overwhelming volume. Title: Re: No more Paxum with any Bitcoin project? Post by: ThiagoCMC on February 14, 2012, 03:10:50 PM Lets use Litecoin as a gateway! :P
Title: Re: No more Paxum with any Bitcoin project? Post by: Yankee (BitInstant) on February 14, 2012, 03:25:07 PM War against bitcoin started. Megaupload is illegal, but buying drugs and guns online is okay? http://rt.com/usa/news/illegal-silk-road-guns-107/ How Technology Complicates The War On Drugs: Guns And Drugs For Sale Online http://www.forbes.com/sites/erikkain/2012/01/30/how-technology-complicates-the-war-on-drugs-guns-and-drugs-for-sale-online/ Paxum Ends Association with Bitcoin Exchanges http://news.avn.com/articles/Paxum-Ends-Association-with-Bitcoin-Exchanges-464460.html Banking Partners Force Paxum to Drop Bitcoin Due to ‘Potential Risk’ http://www.betabeat.com/2012/02/13/banking-partners-force-paxum-to-drop-bitcoin-due-to-potential-risk/ I think someone already took sight at MtGox due its overwhelming volume. Dude, the war on Bitcoin started months ago if not years. Most of us are on the front lines already The next battle has begun... Title: Re: No more Paxum with any Bitcoin project? Post by: ThiagoCMC on February 14, 2012, 03:33:57 PM War against bitcoin started. Megaupload is illegal, but buying drugs and guns online is okay? http://rt.com/usa/news/illegal-silk-road-guns-107/ How Technology Complicates The War On Drugs: Guns And Drugs For Sale Online http://www.forbes.com/sites/erikkain/2012/01/30/how-technology-complicates-the-war-on-drugs-guns-and-drugs-for-sale-online/ Paxum Ends Association with Bitcoin Exchanges http://news.avn.com/articles/Paxum-Ends-Association-with-Bitcoin-Exchanges-464460.html Banking Partners Force Paxum to Drop Bitcoin Due to ‘Potential Risk’ http://www.betabeat.com/2012/02/13/banking-partners-force-paxum-to-drop-bitcoin-due-to-potential-risk/ I think someone already took sight at MtGox due its overwhelming volume. Dude, the war on Bitcoin started months ago if not years. Most of us are on the front lines already The next battle has begun... I see that the only solution is #WorldRevolution!! LOL Well, I think it is time to develop / improve P2P exchanges. Any centralization is bad... Title: Re: No more Paxum with any Bitcoin project? Post by: herzmeister on February 14, 2012, 05:29:50 PM Dude, the war on Bitcoin started months ago if not years. Most of us are on the front lines already The next battle has begun... some news from the front line from time to time would be nice, about which conspiracy theories are true and which are not ??? |