It's Not Just You: BitStamp Down
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.
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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....
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,....
Bitstamp co-founder Damijan Merlak said that Bitstamp plans to resume its operations in the next 24 hours. Bitstamp service was temporarily suspended service as a result of a Bitcoin wallet breach. Bitstamp CEO Nejc Kodrič confirmed in a statement that "less than 19,000 BTC" was stolen due to a Bitstamp operational wallet being compromised. Also read: Bitcoin Exchange Bitstamp Confirms Loss of ~18,866 BTC (~$5 million USD) from Hot Wallet. At this moment the Bitstamp website states: "We have temporarily suspended Bitstamp services. Bitstamp customers can rest assured that their bitcoins....
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,....
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