Bitstamp Integrates Ledger Support in Answer to Bitfinex Hack
Bitstamp, one of the world’s largest cryptocurrency exchanges, adds support for the Ledger Hardware wallet to enhance its trading platform's security measures. Ledger, a Bitcoin hardware manufacturer and Blockchain service provider, enables secure Blockchain applications for enterprise-level clients, as well as the distribution of its Bitcoin hardware wallets which remains as the company’s core operation. Ledger’s hardware wallet system can be integrated by trading platforms, wallet service providers and other Bitcoin applications to secure user funds under the company’s core technology....
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Bitstamp has announced integration with the Ledger hardware wallet platform, allowing users to send their BTC directly to and from cold storage. Bitstamp Integrates Ledger Wallet’s BOLOS Protocol. This summer’s Bitfinex hack, resulting in the loss of $70 million USD in bitcoin, has shaken the entire community. However, it has also led some exchanges to....
Bitfinex has revealed more information concerning the investigation of the hack that took place on August 2. The exchange explains the company’s initial efforts to identify the hackers and the next steps for the business moving forward. Bitfinex Hires Ledger Labs and Drops BitGo Services. The Hong Kong-based cryptocurrency exchange Bitfinex is back up....
The Bitfinex hack was an unfortunate time for Bitcoin users as the exchange had lost roughly $70 million USD in customer funds. Thus, the topic of security is on everyone’s lips as two hardware wallet manufacturers — Trezor and Ledger — are claiming that the hack could have been prevented with one affordable device. Trezor Wants to Stop Bitcoin Exchange....
Raphael Nicolle, creator of the Bitcoin trading platform Bitfinex, has announced on reddit.com/r/bitcoinmarkets that the digital currency exchange has plans to distance themselves from Bitstamp's order books. When answering a question on a large price difference between the two, Raphael commented with the news. CCN. Arbitrage Question. T; he original question was from user Poryhack: "As I write this, the difference is a little over $8 but I've seen well over $10 in the last few days. What's causing this? Why isn't arbitrage bringing the two closer together like they've been in the past?....
In the aftermath of the recent theft of more than $65 million worth of bitcoins from Bitfinex, parts of the Bitcoin community have been wondering what role BitGo’s multisig-focused security offering may have played in the whole ordeal. According to the company’s website, BitGo handles more than 10,000 Bitcoin transactions per day and helps its users transfer more than $1 billion worth of value per month. Many exchanges, such as Bitstamp and Kraken, use BitGo’s services. Bitcoin Magazine reached out to Bitstamp Head of Business Development Vasja Zupan to get the exchange’s thoughts on BitGo....