BIPS

BIPS
Developer(s) BIPS
Initial release July 15, 2011 (2011-07-15)
Platform Bitcoin
Website www.bips.me
Not to be confused with Bitcoin Improvement Proposal.

BIPS (Bitcoin Internet Payment System) was a payment service provider that allowed its users to accept online bitcoin payments.[1][2][3]

It was based in Denmark.

In 2013, the company lost 1,295 bitcoins (then worth around US$1 Million) in an online theft.[4][5]

In 2014, the company was acquired by Coinify.[6]

References

  1. ↑ "Fidor Bank, BIPS Team Up for Merchant Bitcoin Payments Initiative". CoinDesk.
  2. ↑ "Bitcoin's skyrocketing value ushers in era of million dollar hacker heists". Wired UK. Archived from the original on March 7, 2016.
  3. ↑ Jon Matonis (March 8, 2013). "A New Challenger in the Bitcoin Merchant Processing Race". PaymentsSource.
  4. ↑ "Bitcoin Payment Processor BIPS Attacked, Over $1 Million Stolen". CoinDesk.
  5. ↑ Lorenzo Franceschi-Bicchierai (November 25, 2013). "Cyberattack Leads to $1 Million Bitcoin Heist". Mashable.
  6. ↑ "Coinify Raises Millions to Build Europe's Complete Bitcoin Solution". CoinDesk.
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