Coin opens up more pre-sales for its connected credit card, adds new security features

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VBDevindra Hardawar | November 20, 2013

coinAfter hitting its $50,000 crowdfunding goal in just 40 minutes, the connected credit card startup Coin is now opening the flood gates for even more pre-orders.

The company launched last week to incredible fanfare with its connected card, which serves as a single place to store all of your credit, debit, and loyalty cards. But Coin also saw plenty of criticism from security professionals, who questioned the wisdom of putting so much critical information in a single device.

Taking those concerns to heart, Coin has also announced a few new security-focused features. For example, there’s now an alarm that can tell if you someone is swiping your card too many times (like when a waiter whisks away your card with your bill). You can also now lock Coin to a single card, so nobody can switch to one of your other cards without your approval.

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