Bitstamp to Add Support for LedgerHQ and BitcoinTrezor Wallets
According to a tweet by Nejc Kodrič, co-founder and CEO of the European Bitcoin exchange Bitstamp, his team is working on adding support for LedgerHQ and BitcoinTrezor. Vasja Zupan, Bitstamp’s Head of Business Development, confirms this information. Zupan explains to CoinTelegraph that it is a pilot program which will be used to test the response of the users of the exchange. It will be expanded by adding other wallets if it turns out to be successful. Both Ledger and Trezor aim at enabling secure cryptocurrencies, particularly for offline transactions. Why LedgerHQ and BitcoinTrezor? On....
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A bitcoin address containing ~18,866 bitcoins may hold the stolen bitcoins from the Bitstamp hack on January 4th. Bitstamp confirmed last night that "we have reason to believe that one of Bitstamp's operational wallets was compromised on January 4th, 2015." According to data maintained by Bitstamp users keeping an eye on the public Bitcoin blockchain, Bitstamp may have been "hacked" for 12% of its bitcoins. UPDATE: Bitcoin Exchange Bitstamp Confirms Loss of ~18,866 BTC (~$5 million USD) from Hot Wallet. Bitstamp has repeatedly reminded its users, who are currently locked out of the site,....
Bitcoin exchange Bitstamp has temporarily suspended service as a result of a confirmed Bitcoin wallet breach. Earlier today, Bitstamp started by taking unusually long to process bitcoin withdrawals. Later, Bitstamp also changed its Bitcoin deposit system and gave every user a new Bitcoin deposit address. Deposits made to old Bitstamp deposit addresses will "not be honored." Also read: Bitcoin Exchange Bitstamp Withdrawals and Deposits Stopped after Possible RNG Attack. Bitstamp Website Locks Out Users. Bitstamp users, who were using innovative methods such as Ripple to get their money out....
Bitstamp CEO Nejc Kodrič has confirmed in a statement that "less than 19,000 BTC" was stolen due to a Bitstamp operational wallet being compromised. CCN has previously reported on this Bitcoin wallet, which seems to hold 18,866 BTC that was clearly siphoned away from Bitstamp hot wallets during the alleged timeframe of the Bitstamp hack. Notably, Kodrič does not use the word "hack" in any of his statements to reassure users that their personal information is safe. It could also lend credence to Jackson Palmer's theory that a weak RNG attack is responsible for the lost funds; though,....
Bitstamp has received a license from Luxembourg to operate as a payment institution, making it Europe’s first licensed bitcoin exchange. Could this extra legitimacy open up bitcoin as an asset class to an untapped customer base? In January 2015, Bitstamp suffered a hack which resulted in the loss of ~19,000 BTC (valued at around $5 Mn). The Company recovered quickly, supported by ample reserves in cold storage. Bitstamp added additional security measures, which included multi-signature wallets provided by BitGo and moving its servers to Amazon's AWS cloud infrastructure. These measures,....
Slovenian state-owned news agency STA is reporting that Bitstamp expects to resume services within 24 hours. Bitstamp has released a new statement regarding the security of its website, admitting that it has lost "less than 19,000 BTC", about $5.1m at press time. The revelation follows the disclosure that Bitstamp's wallet system was compromised, prompting it to halt deposits and later shut down its platform entirely. According to the statement, an undisclosed number of wallets were compromised and upon learning of the breach, the Bitstamp team issued warnings about deposits and moved to....