Bitcoin Exchange Bitstamp Resumes Services
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....
Related News
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....
In a news bit posted by European Bitcoin exchange Bitstamp earlier today, the once-largest Bitcoin exchange promulgated their FINAL NOTICE TO UNVERIFIED ACCOUNT HOLDERS. Some thirteen months ago, Bitstamp updated its Verification Policy to require verification in order to have access to bitcoin and bank transfers. It seems that despite a years time, there are still unverified accounts with positive balances of fiat or bitcoin belonging to individuals or organizations that have, for one reason or another, chosen not to undergo Bitstamp's especially secure (read: stringent) AML/KYC....
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....
US Bancorp is relaunching its Bitcoin (BTC) custody services for institutional investment managers following recent regulatory developments in the US. Related Reading: Insufficient Stablecoin Supervision? Nobel Economics Laureate Warns Of Potential Financial Crisis US Bancorp Resumes Bitcoin Custody For Fund Managers On Wednesday, US Bancorp announced that it has relaunched its offering of crypto custody […]
The digital asset exchange that was hacked to the tune of $281 million in September said it's restored the deposit and withdrawal services of all tokens.