Bitcoin Exchange BitStamp Stops Services: RNG Attack Suspected
BitStamp, one of the world's leading Bitcoin exchange platform, recently informed its users about suspending its services temporarily in the wake of a security malfunction. According to the available sources, the Slovenia-based exchange allegedly suffered an RNG attack following which its hot wallets stopped processing deposits and withdrawals. It is the same attack which impacted Blockchain. INFO last month. As per BitStamp informed its users, no coins were lost in the incidence. However, the private keys to old addresses might have been lost, or stolen. The notice said: Dear customer,....
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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....
Bitcoin exchange Bitstamp has resumed services after having gone offline following a damaging hot wallet attack on 5th January that saw the exchange lose 19,000 BTC. The exchange announced today that its website is once again open for business and made note of a host of new services being offered to Bitstamp customers. Bitstamp's blog post announcing its return to business details how the exchange has rebuilt its systems "from the ground up" in an effort to prevent a repeat of its recent security breach. Updates to the exchange service include a migration to Amazon's AWS cloud....
A little earlier on today one of our reporters - Yashu Gola - published this piece outlining the suspected RNG attack on, and the resulting service halt, of leading bitcoin exchange platform BitStamp. While the exact details surrounding the attack - along with the potential implications - remain unclear, there have been a couple of updates so we thought it was probably worth collating them and bringing our users up to speed. First, a number of users on Reddit have been discussing a proof of solvency report published back in May last year and audited by Mike Hearn. First off, it's important....
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....
Cryptocurrency exchange Bitfinex has asked its Ontario users to withdraw their funds since they will no longer have access to any services offered by Bitfinex in March.
Bitfinex Stops Providing Services to Ontario Customers
Crypto exchange Bitfinex announced Friday that it is making changes to the services it provides to Ontario customers.
Effective immediately, the firm said that “Ontario customers who do not have balances on the platform will have their accounts closed.”
In addition, those who do not have open positions in the....