Shapeshift Rebuilds After Losing $230,000, Promised to Be Back Wednesday

Shapeshift Rebuilds After Losing $230,000, Promised to Be Back Wednesday

After a month of battling several attacks on Shapeshift’s trading platform, the company announced a full shutdown of their website to be reconstructed with improved security due to missing funds which tallied up to $230,000. The platform should be back on April 20. With the first attack on March 14, 315 BTC was stolen which resulted in ShapeShift’s decision of taking the site offline and relaunching. Two more attacks also managed to breach ShapeShift’s security and a further $124,000 was stolen. Throughout the course of several weeks, Shapeshift experienced a total of 3 attacks which....


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