Cubits - Revision history

WikiR: Added warning about Cubits' closure, fixed formatting, updated broken links, and clarified history.

2025-02-22T13:38:29Z

Added warning about Cubits' closure, fixed formatting, updated broken links, and clarified history.

← Older revision		Revision as of 13:38, 22 February 2025
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	'''~~<big>~~Cubits ~~announced termination of their~~ exchange and ~~filled~~ for ~~bannkrupcy in a press release on~~ December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>		{{ambox
	~~</big>'''~~		\| type = warning
			\| text = '''Warning: Cubits has terminated its exchange operations and filed for bankruptcy as of December 11, 2018.''' The platform is no longer active.<ref>https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>
			}}

	{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]		{{infobox company
	\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]		\| name = Cubits
	\|foundation=2014		\| image = [[File:Cubits_Logo_square.png\|200px]]
	\|founder=[[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum]]		\| industry = [[:Category:Payment Processors \| Payment Processor]], [[eWallet]]
	\|employees=50+		\| foundation = 2014
	\|location= London, United Kingdom		\| founder = [[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum]]
	~~\|twitter=CubitsHQ~~		\| employees = 50+
	~~\|facebook=CubitsHQ~~		\| location = London, United Kingdom
	\|		\| website = [https://web.archive.org/web/20190101000000/https://cubits.com/ Archived Cubits Website]
	\|website=[https://~~cubits~~.~~com~~/ cubits.com]
	}}		}}
	'''Cubits''' was a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched ~~after a year in development,~~ in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits ~~has~~ been one of the fastest-growing Bitcoin marketplaces in Europe.
	Cubits was a UK ~~Registered~~ company and ~~was registered~~ as a Telecommunications Digital & IT Payment Service provider in ~~accordance~~ with UK Money Laundering Regulations. <ref>http://tyba.com/company/cubits/about/ </ref>		'''Cubits''' was a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner, and Andreas Lehrbaum and launched in January 2015.<ref>http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>

			Since its launch, Cubits had been one of the fastest-growing Bitcoin marketplaces in Europe. However, as of December 11, 2018, Cubits ceased operations and filed for bankruptcy.<ref>https://www.finextra.com/newsarticle/33130/cubits-goes-into-administration-after-losing-32-million-to-alleged-fraud</ref> The platform was a UK-registered company and operated as a Telecommunications Digital & IT Payment Service provider in compliance with UK Money Laundering Regulations.<ref>http://tyba.com/company/cubits/about/</ref>

			== Closure and Bankruptcy ==
			In 2018, Cubits suffered a €32 million loss due to an alleged fraud incident, which led to financial difficulties and ultimately its shutdown.<ref>https://www.coindesk.com/cubits-enters-administration-amid-alleged-32-million-fraud</ref>

			== External Links ==
			* [https://web.archive.org/web/20190101000000/https://cubits.com/ Archived Cubits Website]


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	==External Links==		==External Links==
	* [https://~~cubits~~.~~com Cubits~~.~~com] website~~		* [https://web.archive.org/web/20190101000000/https://cubits.com/ Cubits] website
	* [http://~~www.coindesk.com~~/~~cubits-app-launch-aims-accelerate-bitcoin-buying-europe/ Cubits Launch Aims to Accelerate Bitcoin Buying in Europe] website~~
	~~[http~~://~~www.igamingbusiness~~.com/~~news/softswiss-and-cubits-bitcoin-payments-partnership~~]
	[[Category:EWallets]]		[[Category:EWallets]]
	[[Category:Wallets]]		[[Category:Wallets]]

Transisto at 20:04, 3 March 2019

2019-03-03T20:04:53Z

← Older revision		Revision as of 20:04, 3 March 2019
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	'''<big>Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>		'''<big>Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>
	</big>'''{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]		</big>'''

			{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]		\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]
	\|foundation=2014		\|foundation=2014

Transisto at 20:04, 3 March 2019

2019-03-03T20:04:36Z

← Older revision		Revision as of 20:04, 3 March 2019
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	<big>Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>		'''<big>Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>
	</big>		</big>'''{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]		\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]
	\|foundation=2014		\|foundation=2014

Transisto: changed tenses

2019-03-03T20:03:58Z

changed tenses

← Older revision		Revision as of 20:03, 3 March 2019
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	}}		}}
	'''Cubits''' was a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe.		'''Cubits''' was a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe.
	Cubits is a UK Registered company and is registered as a Telecommunications Digital & IT Payment Service provider in accordance with UK Money Laundering Regulations. <ref>http://tyba.com/company/cubits/about/ </ref>		Cubits was a UK Registered company and was registered as a Telecommunications Digital & IT Payment Service provider in accordance with UK Money Laundering Regulations. <ref>http://tyba.com/company/cubits/about/ </ref>



	===Service Description===		===Service Description===
	Cubits ~~offers one of the premier~~ European Bitcoin payment processing services with a secure, user-friendly platform for buying, exchanging, storing, and accepting Bitcoin. Customers are able to buy and sell Bitcoins in 17 different currencies through major payment providers.		Cubits was offering European Bitcoin payment processing services with a secure, user-friendly platform for buying, exchanging, storing, and accepting Bitcoin. Customers are able to buy and sell Bitcoins in 17 different currencies through major payment providers.
	===Cubits Wallet===		===Cubits Wallet===
	The Cubits wallet is a web wallet which allows Cubits users to buy, sell and monitor their Bitcoins.<ref>[https://cubits.com]</ref> Users ~~can~~ instantly purchase or sell Bitcoin with Mastercard and Visa or payment providers OKPAY, SOFORT and OBT, and also have the option to connect their Cubits Wallet to their bank account to increase the ease and speed of buy/sell activities.		The Cubits wallet was a web wallet which allows Cubits users to buy, sell and monitor their Bitcoins.<ref>[https://cubits.com]</ref> Users could instantly purchase or sell Bitcoin with Mastercard and Visa or payment providers OKPAY, SOFORT and OBT, and also have the option to connect their Cubits Wallet to their bank account to increase the ease and speed of buy/sell activities.
	Cubits 2FA and multisignature technology to ensure that customer's Bitcoins are always secure. Any Bitcoins stored within a Cubits Wallet are placed in deep cold storage, meaning that in the rare event of an online attack users' Bitcoins are never at risk.		Cubits 2FA and multisignature technology to ensure that customer's Bitcoins are always secure. Any Bitcoins stored within a Cubits Wallet are placed in deep cold storage, meaning that in the rare event of an online attack users' Bitcoins are never at risk.

Transisto at 20:02, 3 March 2019

2019-03-03T20:02:24Z

← Older revision		Revision as of 20:02, 3 March 2019
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	Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>		<big>Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>
			</big>
	{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]		{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]		\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]

Transisto: dead exchange

2019-03-03T20:01:59Z

dead exchange

← Older revision		Revision as of 20:01, 3 March 2019
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			Cubits announced termination of their exchange and filled for bannkrupcy in a press release on December 11, 2018 <ref> https://www.facebook.com/CubitsHQ/posts/1480335922100663?__tn__=-R</ref>

	{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]		{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]		\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]
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	\|website=[https://cubits.com/ cubits.com]		\|website=[https://cubits.com/ cubits.com]
	}}		}}
	'''Cubits''' is a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe.		'''Cubits''' was a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe.
	Cubits is a UK Registered company and is registered as a Telecommunications Digital & IT Payment Service provider in accordance with UK Money Laundering Regulations. <ref>http://tyba.com/company/cubits/about/ </ref>		Cubits is a UK Registered company and is registered as a Telecommunications Digital & IT Payment Service provider in accordance with UK Money Laundering Regulations. <ref>http://tyba.com/company/cubits/about/ </ref>

Cubits at 14:39, 21 August 2018

2018-08-21T14:39:04Z

← Older revision		Revision as of 14:39, 21 August 2018
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	\|foundation=2014		\|foundation=2014
	\|founder=[[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum]]		\|founder=[[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum]]
	\|employees=~~11-~~50		\|employees=50+
	\|location= London, United Kingdom		\|location= London, United Kingdom
	\|twitter=~~CubitsNews~~		\|twitter=CubitsHQ
	\|facebook=~~CubitsNews~~		\|facebook=CubitsHQ
	\|		\|
	\|website=[https://cubits.com/ cubits.com]		\|website=[https://cubits.com/ cubits.com]

Cubits at 11:00, 17 August 2018

2018-08-17T11:00:10Z

← Older revision		Revision as of 11:00, 17 August 2018
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	{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]		{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	\|industry=[[~~Bitcoin platform~~]], [[eWallet]]		\|industry=[[:Category:Payment Processors \| Payment Processor]], [[eWallet]]
	~~\|founder=[[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum~~]]
	\|foundation=2014		\|foundation=2014
			\|founder=[[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum]]
			\|employees=11-50
	\|location= London, United Kingdom		\|location= London, United Kingdom
	\|twitter=CubitsNews		\|twitter=CubitsNews

Cubits: Updated general company information

2018-08-17T10:52:21Z

Updated general company information

← Older revision		Revision as of 10:52, 17 August 2018
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	{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]		{{infobox company\|name=Cubits\|image=[[File:Cubits_Logo_square.png\|200px]]
	\|industry=[[Bitcoin ~~Platform~~]]		\|industry=[[Bitcoin platform]], [[eWallet]]
			\|founder=[[Tim Rehder]], [[Julian Mautner]], [[Andreas Lehrbaum]]
	\|foundation=2014		\|foundation=2014
	\|~~founders~~= ~~Tim Rehder~~, ~~Julian Mautner, Andreas Lehrbaum~~		\|location= London, United Kingdom
	\|~~location~~= ~~London, UK~~		\|twitter=CubitsNews
			\|facebook=CubitsNews
	\|website=https://cubits.com		\|
			\|website=[https://cubits.com/ cubits.com]
	}}		}}
	'''Cubits''' is a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe.		'''Cubits''' is a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015 <ref> http://bitcoinscientist.com/cubits-web-app-launch-aims-accelerate-bitcoin-buying/#sthash.AYcBwi0o.dpbs</ref>. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe.

Tric at 09:58, 10 December 2015

2015-12-10T09:58:14Z

← Older revision		Revision as of 09:58, 10 December 2015
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	\|founders= Tim Rehder, Julian Mautner, Andreas Lehrbaum		\|founders= Tim Rehder, Julian Mautner, Andreas Lehrbaum
	\|location= London, UK		\|location= London, UK
	~~\|parent=[[Dooga LTD.]]~~
	\|website=https://cubits.com		\|website=https://cubits.com
	}}		}}