DIAMOND CIRCLE TO DISCONTINUE BITCOIN WALLET SERVICE

Diamond Circle Ltd., an Australia-based manufacturer of bitcoin ATM machines and a developer of bitcoin services, will cease its free wallet service within seven days, according to company founder and CEO Stephen Rowlison. Rowlison advised users of the service to login to and transfer bitcoins to another wallet.
‘We will make a statement concerning the purpose and reasons behind this decision within the next few days,’ Rowlison said in an email. ‘Thank you for registering your card and we hope to bring you good news in the future on whether this service will be re-activated.’
Diamond Circle provided a payment network for crypto-currency storage and exchange, according to its website, http://www.diamondcircle.net. The company provided the hardware, software and service support for peer-to-peer money transfer in and out of personal bitcoin wallets. The company also offered a bitcoin debit card and a bitcoin point-of-sale device.

This post was published at Crypto Coins News on February 5, 2015.