Author

Topic: No more Paxum with any Bitcoin project? (Read 5277 times)

legendary
Activity: 1764
Merit: 1007
February 14, 2012, 12:29:50 PM
#24

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  Huh
legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
February 14, 2012, 10:33:57 AM
#23
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...
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
February 14, 2012, 10:25:07 AM
#22
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...
legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
February 14, 2012, 10:10:50 AM
#21
Lets use Litecoin as a gateway! Tongue
hero member
Activity: 490
Merit: 500
February 13, 2012, 10:02:45 PM
#20
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.
sr. member
Activity: 300
Merit: 250
February 13, 2012, 01:26:47 PM
#18
Well, that doesnt look like an offical forum.
But we could spin this in our favor.
"Mastercard trys to stop bitcoin, but fails."


hero member
Activity: 714
Merit: 500
February 12, 2012, 11:42:14 AM
#16
Why?
hero member
Activity: 700
Merit: 500
sr. member
Activity: 406
Merit: 250
QUIFAS EXCHANGE
February 11, 2012, 06:39:43 PM
#14
Account suspended....
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
February 11, 2012, 01:11:56 PM
#13
They suspended our account as well.

See this post: https://bitcointalksearch.org/topic/bitinstant-paxum-temporarily-suspended-63465 

Charlie, BitInstant.
vip
Activity: 113
Merit: 12
February 11, 2012, 10:33:54 AM
#12
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.
sr. member
Activity: 490
Merit: 251
February 11, 2012, 10:10:55 AM
#11
Log in to your Paxum account and then click on Announcements to see the posting regarding no more biticoin or bitcoin exchange related business.
sr. member
Activity: 300
Merit: 250
February 11, 2012, 10:09:04 AM
#10
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?
newbie
Activity: 44
Merit: 0
February 11, 2012, 10:06:53 AM
#9
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.
hero member
Activity: 614
Merit: 500
February 11, 2012, 08:58:32 AM
#8
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.
sr. member
Activity: 490
Merit: 251
February 11, 2012, 08:37:56 AM
#7
I never really liked Paxum anyway. I prefer Dwolla.
vip
Activity: 113
Merit: 12
February 11, 2012, 08:37:28 AM
#6
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.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
February 11, 2012, 07:37:22 AM
#5
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
sr. member
Activity: 300
Merit: 250
February 11, 2012, 07:35:31 AM
#4
is there a link to an actual press release?
hero member
Activity: 614
Merit: 500
February 11, 2012, 07:03:55 AM
#3
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.
sr. member
Activity: 364
Merit: 250
February 11, 2012, 02:16:42 AM
#2
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?
newbie
Activity: 44
Merit: 0
February 11, 2012, 01:38:26 AM
#1
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 =(
Jump to: