Bitstamp: an update
A little earlier on today one of our reporters - Yashu Gola - published this piece outlining the suspected RNG attack on, and the resulting service halt, of leading bitcoin exchange platform BitStamp. While the exact details surrounding the attack - along with the potential implications - remain unclear, there have been a couple of updates so we thought it was probably worth collating them and bringing our users up to speed. First, a number of users on Reddit have been discussing a proof of solvency report published back in May last year and audited by Mike Hearn. First off, it's important....
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A bitcoin address containing ~18,866 bitcoins may hold the stolen bitcoins from the Bitstamp hack on January 4th. Bitstamp confirmed last night that "we have reason to believe that one of Bitstamp's operational wallets was compromised on January 4th, 2015." According to data maintained by Bitstamp users keeping an eye on the public Bitcoin blockchain, Bitstamp may have been "hacked" for 12% of its bitcoins. UPDATE: Bitcoin Exchange Bitstamp Confirms Loss of ~18,866 BTC (~$5 million USD) from Hot Wallet. Bitstamp has repeatedly reminded its users, who are currently locked out of the site,....
Bitcoin exchange Bitstamp has temporarily suspended service as a result of a confirmed Bitcoin wallet breach. Earlier today, Bitstamp started by taking unusually long to process bitcoin withdrawals. Later, Bitstamp also changed its Bitcoin deposit system and gave every user a new Bitcoin deposit address. Deposits made to old Bitstamp deposit addresses will "not be honored." Also read: Bitcoin Exchange Bitstamp Withdrawals and Deposits Stopped after Possible RNG Attack. Bitstamp Website Locks Out Users. Bitstamp users, who were using innovative methods such as Ripple to get their money out....
It's not just you, folks. BitStamp appears to be down at the moment. A number of users on Reddit have reported issues accessing the Bitcoin exchange's website in the past hour or so. No indication as to what the issue is, but users are greeted with an "Internal Server Error" upon accessing the website. Perhaps not the friendliest of messages in the midst of a crucial trading period. We'll update this post just as soon as we have more information on the outage. Update [12:28PM Eastern]: Looks like the website is up, but with spotty performance.
When's the most inconvenient time for a top bitcoin exchange to go down? Why, in the middle of the trading day, of course! This seems to be the case at the moment, as users are unable to reach Bitstamp's homepage. The API, on the other hand remains functional. newsBTC's attempt to access the site produced a 404 Page not found error, with the bold text "and it's gone" - which is there in jest, but we can see how someone might be shocked to see that. At any rate, the website is likely experience technical issues and should be back to normal soon (we're hoping). In the meantime, relax and....
Just a reminder brought to you by your friends at newsBTC. If you're having trouble getting access to Bitstamp today, you're not the only one. The exchange's website has been up and down this afternoon due to unknown reasons. It's very much the center of much paranoia, with some even speculating they've been forced to shut down by a government entity. Of course, that doesn't seem to be the case. As of this writing, the website appears to be up, but with flaky performance. Bitstamp did not immediately respond to an inquiry regarding the downtime from newsBTC. If we receive a statement,....