Skip to main content

Ruxum: Wall Street Level Security Comes To Bitcoin With New Exchange

You've probably by now heard about Bitcoin , the person-to-person digital currency based on Satoshi Nakamoto's open source software, that is either a giant scam, a genius and innovative new frontier, or nothing new -- depending on who you ask. For those unfamiliar, TechCrunch contributor Jon Evans best described it succinctly thus: "Bitcoin is an anonymous online currency whose transactions and monetary supply are verified by digital cryptography and maintained by an open-source peer-to-peer network" . The digital currency has evolved in fits and starts, like any early currency and exchange, and last month we covered the much-discussed collapse of Mt. Gox, the network's most popular exchange . Tumult everywhere you turn. Based on the vulnerability of Mt. Gox and other Bitcoin exchanges, Chad Pankewitz and team have founded a new exchange, called Ruxum , that is dedicated to bringing a more secure alternative for Bitcoin (and Namecoin) traders. Simply put, Ruxum makes it easy to buy, sell, and trade Bitcoin and virtual currency. And for now it's free. (Invites herein.)
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.