Game Developer Prepared to Return 'Bitstamp Hack' Donation
Following concerns raised on Reddit that funds from its recent hack had been donated to iOS game SaruTobi, Bitstamp said it is unlikely to follow up on reports on the matter, leaving the investigation to the authorities. Speaking to CoinDesk, CEO Nejc Kodric said: We have not verified if the donation originated from stolen coins and I don't think that we are in a position to claim that it did. I think it is best to leave law enforcement agencies to investigate and determine that.
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Bitstamp CEO Nejc Kodrič has confirmed in a statement that "less than 19,000 BTC" was stolen due to a Bitstamp operational wallet being compromised. CCN has previously reported on this Bitcoin wallet, which seems to hold 18,866 BTC that was clearly siphoned away from Bitstamp hot wallets during the alleged timeframe of the Bitstamp hack. Notably, Kodrič does not use the word "hack" in any of his statements to reassure users that their personal information is safe. It could also lend credence to Jackson Palmer's theory that a weak RNG attack is responsible for the lost funds; though,....
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,....
The author of the game Markus "Notch" Persson jokingly asks whether “ironically buying an ironic game for ironic money [is] actually ironic?” So it is no surprise Persson chose exactly Dogecoin, as this currency previously gained popularity of a currency of donation. The project is supposed to be a parody rather than a full game. Persson wrote that it took about 2 hours of working on the Unity engine to create the game. Cliffhorse is the first commercial game from Markus Persson after the success of the famous Minecraft game. The popularity of Minecraft is outstanding; the game became one....
Patrick Murck joined Quest Means Business to discuss the security concerns over bitcoin from Bitcoinist.net on Vimeo. Patrick Murck discusses on CNN the Bitstamp hot wallet hack and how exchanges are doing better despite the hack in protecting customer funds. He also illustrates that this is not a MtGox type situation as well as how far we have come in digital security.
Following the 5th January announcement that it was suffering a "hot wallet issue" later determined to be the work of malicious actors, Bitstamp spent much of the last week offline, temporarily closing what had been among the top three exchanges for BTC/USD trading. The unexpected news set off a flurry of concerns that, less than one year after the demise of then-leading USD/BTC exchange Mt Gox, history could be repeating itself, and that Bitstamp may be the latest bitcoin exchange to close its doors due to a high-profile hack. By 9th January, however, Bitstamp indicated it would resume....