Coinapult Launches LOCKS, Aiming to Eliminate Bitcoin Price Volatility
Coinapult's LOCKS service allows consumers to reduce their exposure to bitcoin's volatility by pegging their BTC to another asset.
Bitcoin storage provider and payment processor Coinapult is back online following a hack-related outage last month.
Coinapult has suffered a hot wallet attack that resulted in the loss of 150 BTC, or roughly $42,900 at press time.
Coinapult will be tackling the US market following a services integration with Crypto Capital, a licensed money transmitter.
CoinDesk speaks to FirstMark Capital's Lawrence Lenihan, a bitcoin believer with sharp critiques for the industry's entrepreneurs.
Coinapult has announced $775k in venture funding from FirstMark Capital, Roger Ver and more.