Bitstamp Withdrawals Go Back to Full Automation
Bitcoin exchange Bitstamp has posted a follow-up to a news update Friday that announced that withdrawals were once again being processed. Saturday's news indicates that withdrawals are now fully automated, as they were before they were halted this week due to a distributed denial of service attack that took advantage of a transaction malleability flaw in the bitcoin software that also brought down withdrawals at Mt. Gox - a highly talked about event. When Bitstamp opened withdrawals Friday, the exchange exercised maximum caution by processing each request manually. "After rigorous testing,....
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Bitstamp is in the process of restoring full services to all accounts following an issue that prompted the bitcoin exchange to disable withdrawals to some users. The move was a security precaution and the affected accounts have been notified of the problem. Nejc Kodrič, Bitstamp's CEO, told CoinDesk that some accounts have already regained withdrawal functionality. Phishing fears. The decision to halt the withdrawals was made after Bitstamp detected an increased number of phishing attempts over the last few days. Bitstamp says some clients had reported receiving suspicious emails. The....
Bitstamp customers on Reddit and bitcointalk are reporting that they are now able to make Bitcoin withdrawals. The price almost instantly recovered back to the $700+ level that was normal before the transaction malleability problems first began. As we reported yesterday, it seems the transaction malleability problem may have been overblown, especially when it came to the troubles at MtGox. This rally is proving that Bitcoin really is the "honey badger of money". Hourly Bitstamp chart, showing a potential double bottom around 530 - 540. Are We Back to Normal? There were a large number of....
Bitcoin exchange BTC-e has confirmed it is processing bitcoin withdrawals. Bitstamp has revealed it plans to start processing its customers' bitcoin withdrawals again later today. The exchange halted bitcoin withdrawals earlier this week after it was discovered a bot had launched a massive DDoS attack on a number of bitcoin exchanges. A tweet from the BitStamp this morning read: Bitstamp & Bitcoin core developers have implemented a solution that passes our preliminary tests and audits. News: http://t.co/azGqiX4hqL. - Bitstamp (@Bitstamp) February 14, 2014. Bitstamp issued the following....
Andreas Antonopoulos notes on Twitter that Bitstamp withdrawals have resumed. He also expects Mt. Gox to resume withdrawals soon. Bitcoin exchange Bitstamp is today resuming withdrawals, days after announcing they would be stopped temporarily due to a DDOS attack affecting multiple exchanges that took advantage of a known transaction malleability issue known to developers since 2011. "A denial-of-service attack caused us to suspend the processing of Bitcoin withdrawals. Bitstamp, with help from the Bitcoin core developers, has implemented a solution that passes our preliminary tests and....
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....