Bitstamp Restores Withdrawals Following Security Scare
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....
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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....
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....
Here's a move that could be a sigh of relief to traders on Bitstamp. A user by the handle "IamAlso_u_grahvity" posted a screenshot on the Bitcoin page at Reddit.com showing a withdrawal screen at Bitstamp, which now has a field for a two-factor authentication code, effectively adding a much-needed layer of security to the platform. The company also tweeted about the feature on Wednesday afternoon: #Bitstamp is happy to introduce a new security feature - two-factor authentication for #Bitcoin & #Ripple withdrawals. The use of the feature will greatly reduce the risk of a user's funds being....
Bitcoin exchange Bitstamp has temporarily halted withdrawals and emailed users a warning about using old deposit addresses. Earlier today, Bitstamp noticed an issue with their hot wallet and stopped processing withdrawals and is not honoring deposits made to old Bitcoin deposit addresses. According to Bitstamp, the private keys to old deposit addresses may have been lost. Bitstamp users have been unable to withdraw bitcoins for over 24 hours and though Bitstamp has confirmed the issue, the extent of the damage has yet to be officially revealed. UPDATE: Wallet Breach Causes Bitcoin Exchange....