Bitstamp Posts Results of Audit, No Problems to Report

Bitstamp Posts Results of Audit, No Problems to Report

The Bitstamp bitcoin exchange has reported today that third-party auditors have verified the exchange's bitcoin balance and confirmed that the exchange held 100 percent of validated bitcoin and USD funds. "No material issues were raised as a consequence of the 3rd party's investigations," the company wrote. The audit required the creation of of the largest transaction in the history of the digital currency, putting about $147 million (or over 194,000 BTC) in a single wallet. The audit comes in the wake of the downfall of exchange Mt. Gox, which lost over 700,000 BTC of user bitcoins and....


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