Bitcoin Briefs: Coinbase Adds and Subtracts, ChangeTip Redirects and CoinJar Hedges

NEW YORK (InsideBitcoins) – Compiling information gathered from around the cryptocurrency industry, here are the latest items to cross our news desk on this late Wednesday afternoon:
Coinbase has announced an expansion of services – as well as the elimination of another. The San Francisco-based bitcoin wallet service is shutting down its Tip Button, a service just launched last November. The company says about 10,000 users use the tool to accept bitcoin tips on a variety of websites.
‘However, another excellent tipping service in the bitcoin community, ChangeTip, has gotten some even better traction, and done a great job at pushing the tipping ecosystem forward. So today we’d like to show our support for them and encourage existing users of our tip button to migrate over to ChangeTip,’ the company said on its blog.
‘At Coinbase, we view our core business as providing bitcoin infrastructure (secure APIs for bitcoin storage, exchange, wallets, and merchant tools). ChangeTip is an excellent example of a company which uses our APIs, and we’d like to support them instead of competing with them.’

This post was published at Inside Bitcoins on Feb 11, 2015.

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