Cubits

Cubits was a London-based cryptocurrency platform launched in 2014, operated by Dooga Ltd. It offered services for buying and selling Bitcoin, a digital wallet for storage, and a payment processing gateway for merchants to accept crypto payments. The platform gained traction as an easy-to-use bridge between traditional finance and digital currencies for both consumers and businesses. However, in late 2018, the company abruptly ceased operations and later filed for administration after falling victim to a major payment fraud, resulting in the loss of approximately €28.75 million worth of Bitcoin.