Bitcoin Firm Coinapult Recovers from Hacking Incident
Following a hacking incident last month, bitcoin firm Coinapult was able to restore its services and is back online. The payment processing company implemented a series of security improvements designed to prevent further outages. Coinapult users can now lock and unlock their deposits with the bitcoin firm to fiat currencies or assets. The hacking incident, which occurred mid-March, prompted the firm to halt its operations and make the announcement via Twitter. Bitcoin Firm Security Upgrades. The bitcoin firm attack resulted to a loss of 150 BTC, which was approximately equal to $43,000....
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Coinapult, a payment processor and storage provider, is now offering its bitcoin wallet services for US customers. Prior to this, the company's website had been blocked in the country since it had not yet obtained the necessary licenses then. The company has since come up with an integration with Crypto Capital, which is a licensed money transmitter in Panama. With that, the bitcoin wallet can allow US clients to deposit, withdraw, and transfer currencies. Bitcoin Wallet Services. "Coinapult is not a licensed money transmitter business, and as such, we did not offer our services to the US....
Online Bitcoin account provider Coinapult has completely restored its services which were shut down following a hot wallet attack which resulted in a loss of 150BTC worth roughly $43,000 on March 17. The Bitcoin firm announced this development via its official blog. The company declared that, "Today we are happy to announce the full restoration of Coinapult services. Users can now deposit BTC and Lock in addition to withdrawing and Unlocking." Following the attack, Coinapult had warned against sending Bitcoins to Coinapult addresses which included Lock addresses as well. Even though the....
Bitcoin payment processor and storage provider Coinapult is now seeking customers in the US market following a services integration with Crypto Capital. The bitcoin firm did previously offer its bitcoin wallet service to US customers but said that the country's users were blocked from its website in July last year as the company was not a licensed money transmitter. By opening an account with Crypto Capital, a licensed money transmitter in Panama, Coinapult will now allow its users to deposit, withdraw and transfer fiat currency. A Coinapult spokesperson told CoinDesk: "Coinapult is not a....
Bitcoin storage provider and payment processor Coinapult is back online following a hack-related outage last month. Following a series of security improvements, Coinapult users can now deposit funds and 'lock' and 'unlock' their bitcoin to fiat currencies or assets. They were previously given login access on 21st March and withdrawals were re-enabled five days later. The hot wallet attack, which occurred on 17th March, resulted in the loss of 150 BTC (approximately $42,900). Coinapult announced it was halting all operations via Twitter the same day. At the time, Coinapult COO and CFO....
Bitmarket.eu hacking incident back on 2012 may have a connection to the LinkedIn and Dropbox hacks by Yevgeniy Nikulin. For those who do not remember, Bitmarket.eu used to be a Bitcoin exchange run by two Polish developers. The developers, Maciej Trebacz and Pawel Makulski operated the exchange platform for about two years before it became a victim of a hacking incident. While Bitmarket.eu has been reduced to a cryptocurrency blog following the incident, the hacker who may have been responsible for its plight may soon be facing trial. According to reports, a Russian national by the name....