Crypto Clash Happens Between AtomicPay’s Services And Vertbase Over False Trademark Ordeal

2019-2-5 22:42

A Cryptocurrency Payment Startup Claims It Is A Victim Of A Prank That Run Over The Weekend; This Was For A Fake Trademark Claim

The AtomicPay.io, which is a cryptocurrency payment processor had a small hiccup as their front end services were unavailable for about 8 hours over the weekend, this was all due to a trademark claim that was made by Vertbase.

The Vertbase Company And The AtomicPay.io Platform

The company has been established as a money service provider that has been selling crypto coins, as for the AtomicPay it has been established a non-custodial for use in crypto payment solutions for the different merchants in the market.

Benz Rif, who’s is the CEO recently went for an interview on CNN, he went ahead to inform his viewers that he had experienced some problems with the cloud infrastructure provider that they have been using, the Digital Ocean, and he also went ahead to make a statement on the episode.

Could It Be A Hostage Taking Sales Kind Of Tactic? The Vertbase Company Tried To Sell The AtomicPay.com To The AtomicPay.io Company

The Digital Ocean platform went ahead to say that the AtomicPay.io had started violating the trademark that was owned by the Vertbase platform. But in actual sense, the Vertbase company did not have such a trademark with them, and they did not even tell Digital Ocean that they did. Rather what they did is notifying the Digital Ocean last November that they are planning to fill on a similar trademark.

The company owns the AtomicPay.com, and they are fully aware the AtomicPay.io was being hosted in the Digital Ocean platform.

There were some screenshots that were made available to the CNN team, and according to these the CEO of Vertbase, Justin Seidl had gone ahead to offer to sell the AtomicPay.com domain to the AtomicPay.io company in early January.

Recently the AtomicPay.io went ahead to fill for a trademark of the AtomicPay, and once they get this trademark, Vertbase will not be able to have the legal ownership of the AtomicPay.com domain. So what this will initially mean is that all that the Vertbase company will be able to get from the AtomicPay.com domain is what it initially cost them to register it. In the complaint that was made Stuart Menzies goes ahead to call the AtomicPay.io platform a scam and that it is actually violating the set trademark in different fonts.

How You Can Get A Crypto Payment Provider Offline Easily

A few weeks after Justin Seidl went ahead to send an email to AtomicPay of offering a possible collaboration in selling the AtomicPay.com, the Digital Ocean went ahead to take down the AtomicPay.io website. This was due to the valid DMCA complaint that was made.

Ben Rif goes on to say that the very first time that he had of this complaint it was coupled by several threats that their services will be frozen.

Unfortunately, the company did not have the needed time to adequately back their database, so the move that was made by the Digital Ocean made the AtomicPay.io be unusable by their merchants for several hours. It is claimed that there was a mix up in the address that was used to send the original notice that came from Digital Ocean. It is clear the Vertbase, and Digital Ocean are the subject to the legal action that has been taken by the AtomicPay company.

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Источник: bitcoinexchangeguide.com

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PayPal Plans to Develop Extremely Advanced Crypto App

As digital payments continue to gain mainstream adoption, digital payment firms have begun to restructure their payment platforms to cater to the ever-growing number of cryptocurrency users. This is the case with the payment giant PayPal, whose CEO recently rolled out plans of integrating cryptocurrency with the payment platform while advancing user features. In a […]

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Binance CEO: Amazon Will Be Forced to Issue a [Crypto?] Currency Sooner or Later

“Amazon will have to issue a currency sooner or later,” Changpeng Zhao, the CEO of crypto exchange giant Binance, tweeted Saturday to his more than 277,000  followers on Twitter. Binance CEO Makes Bold Claim about Amazon It started with the founder and CEO of Binance tweeting that he doesn’t understand why any e-commerce business wouldn’t accept crypto payments and listing some of the basic features and benefits that cryptocurrency has to offer over traditional payment methods: For any internet (non-physical) based business, I don't understand why anyone would not accept crypto for payments.

2019-2-4 00:30


Amazon will Issue a Currency Sooner or Later – Binance CEO Changpeng Zhao

The CEO of Binance Chanpeng Zhao “CZ” has expressed confidence that the big internet retailer Amazon will soon issue a currency (cryptocurrency) to be used for buying and selling of its products. The CEO mentioned this in a tweet about the need for internet-based businesses to integrate cryptocurrencies as payment options for their customers.

2019-2-3 20:17


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Users Are Passing a Bitcoin ‘Lightning Torch’ Payment Around the World

A new, decidedly social feature on the Bitcoin Lightning Network is gaining popularity this week after one user set up cryptocurrency’s answer to the Olympic flame. Lightning Torch Reaches 2. 3M Satoshis Dubbed ‘Lightning Torch,’ the initiative involves passing a lightning payment between nodes, with each receiving user adding 10,000 satoshis ($0.

2019-1-30 22:00


Coinxes ICO

Coinxes is a P2P cryptocurrency exchange that allow individuals to buy and sell cryptocurrencies peer to peer in a safe environment. The platform connects buyers and sellers through an escrow system that is safe, enabling platform users to buy and sell cryptocurrency fast.

2019-1-29 07:03


Darknet Bitcoin (BTC) Transactions Still Soaring

While the crashes of 2018 had many turning and running away from the cryptocurrency scene, Bitcoin still remains a popular means of payment for darknet surfers. The term darknet refers to the parts of the internet that are intentionally hidden away from public view so that users may participate in taboo, or possibly illegal actions, […] The post Darknet Bitcoin (BTC) Transactions Still Soaring appeared first on ZyCrypto.

2019-1-24 11:34


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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.

2019-1-24 20:28


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Watch out for this new cryptocurrency ransomware stalking the web

Researchers have discovered “Anatova”, a brand new family of cryptocurrency-fuelled ransomware, and they warn it has the potential to become outright dangerous. Cybersecurity firm McAfee explained Anatova hides in seemingly innocuous icon files – usually the same popular games or applications – in order to fool the user into downloading the malware.

2019-1-23 19:58


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