Wallet Breach Causes Bitcoin Exchange Bitstamp to Temporarily Suspend Service
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....
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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....
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....
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....
Yesterday Bitstamp co-founder Damijan Merlak said that the Bitstamp is testing a duplicate of their entire infrastructure in San Francisco and plans to resume its operations in the next 24 hours. Recent tweets from Bitstamp CEO Nejc Kodrič reassure customers and promise an operational redeployment in one to two days. Bitstamp service was temporarily suspended service as a result of a Bitcoin wallet breach. 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....
Happy Sunday, and welcome back to another Bitcoin News in Review, where we feature some of the top stories of the week here on CryptoCoins News. This week, Bitstamp was hacked, resulting in the loss of nearly 19,000 bitcoins, Josh Garza of GAW Miners and PayCoin challenged the Litecoin Association director to a public debate, the bitcoin price continued to fall, and more. Keep scrolling for this week's top stories. Bitstamp Temporarily Goes Offline Due to Wallet Breach. Early this week, popular bitcoin exchange Bitstamp halted withdrawals and deposits due to a wallet breach. The exchange....