Bitstamp Founders Invest $700k Worth of Bitcoin in Slovenian Start-up CubeSensors
The founders of one of the largest bitcoin exchanges on the planet are getting in touch with their roots. Both Nejc Kodrič and Damijan Merlak have reportedly made a significant investment in a Slovenian hardware start-up. Together, the two raised a whopping $700,000 worth of bitcoin. That start-up is CubeSensors, and they manufacture tiny cube sensors (if you haven't already guessed) that measure environmental elements like air quality, temperature, noise, light, pressure in one's home wirelessly. Kodrič and Merlak started Bitstamp in Slovenia, but are now based out of the United Kingdom.....
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Bitstamp, one of the largest exchanges for the digital Bitcoin currency, said it would resume trading later on Friday after suspending operations because of a security breach on Sunday, Reuters reports. Damijan Merlak, one of Bitstamp's two Slovenian founders, told Reuters in an emailed message on Friday: "Trading will resume during the day today." On Wednesday, Bitstamp had said it expected that trading could resume within 24 hours and added that customers would not lose money because of the breach and that security would be increased. The next day Bitstamp stated that they were testing a....
PRESS RELEASE. Coinrule – a hyper-growth, automated trading platform based out of London, UK – is poised for explosive growth in the months ahead, after announcing that its recent investment round on Seedrs secured over 200% of its target, raising $700k, at a valuation of $6m. This funding will allow Coinrule to grow the team, expand into the fast-growing market of tokenised stock trading, and deliver a ‘market leading backtesting tool’, all aimed at furthering their mission of democratizing access to finance. 2020 has been an extraordinary year in crypto, with a....
Slovenian state-owned news agency STA is reporting that Bitstamp expects to resume services within 24 hours. Bitstamp has released a new statement regarding the security of its website, admitting that it has lost "less than 19,000 BTC", about $5.1m at press time. The revelation follows the disclosure that Bitstamp's wallet system was compromised, prompting it to halt deposits and later shut down its platform entirely. According to the statement, an undisclosed number of wallets were compromised and upon learning of the breach, the Bitstamp team issued warnings about deposits and moved to....
Slovenian Bitcoin Exchange Bitstamp is now back online with better security than ever. Bitstamp made waves in the mainstream media over the last several days when it went offline after a confirmed hot wallet breach. Everything started four days ago when Bitstamp informed users that it was no longer honoring deposits made to old deposit addresses due to the wallet breach. Soon after, Bitstamp took their entire website down to rebuild security from the bottom up. Bitstamp reminded the public multiple times that "Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by....
After staying offline for the last few days, Bitcoin exchange BitStamp is hopeful resume trading services today, confirmed co-founder Damijan Merlak via email. The Slovenian exchange recently became the victim of online theft, which eventually cost it and its customers around 19,000 BTC - an equivalent of some $5 million. Their representatives however said that a huge portion of the total Bitcoins is safe, and has moved to a much secure offline wallet. On Wednesday, the founderspromised the customers to resume Bitcoin trading operations within the next 24 hours, soon after they turned off....