Bitstamp to resume trading later on Friday
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....
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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....
Following the 5th January announcement that it was suffering a "hot wallet issue" later determined to be the work of malicious actors, Bitstamp spent much of the last week offline, temporarily closing what had been among the top three exchanges for BTC/USD trading. The unexpected news set off a flurry of concerns that, less than one year after the demise of then-leading USD/BTC exchange Mt Gox, history could be repeating itself, and that Bitstamp may be the latest bitcoin exchange to close its doors due to a high-profile hack. By 9th January, however, Bitstamp indicated it would resume....
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....
An API outage at Bitcoin exchange Bitstamp is apparently causing a halt of some services at Coinbase, a service that allows its users to easily buy and sell Bitcoin without the need to sign up for an exchange. Coinbase acquires its bitcoins from exchanges like Bitstamp, and when they don't have Bitcoin to buy, you can almost bet they will not have Bitcoin to sell. No word yet on just when the Bitstamp API outage is to be cleared, but when it is, Coinbase purchasing is likely to resume shortly thereafter.
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....