Bitstamp Testing Redeployment in San Francisco, Relaunch in 24-48 Hours

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....

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....

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....

The world's most popular Bitcoin exchange since the fall of Mt. Gox, BitStamp, as you may already know, is currently unavailable due to a hack that made off with nearly 19,000 BTC. Last night, Nejc Kodrič, CEO of the company, posted to Twitter two very important pieces of information. One, if you had a deposit prior to January 5th at 9AM, it is safe, and two, the new, hopefully more secure system would be online in 24 to 48 hours. Listening to worried customers, Bitstamp has updated their website to look prettier. Also read: Bitstamp to Resume Operations in the Next 24 Hours. Bitstamp....

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....