Blog | G5 Cyber Security

Bitcoin Exchange Service Bitstamp Temporarily Suspended After Hack

European bitcoin exchange Bitstamp temporarily suspended its trading services on Monday. One of its operational bitcoin storage wallets was compromised the day before and cybercriminals made off with about $5 million worth of virtual currency. The company said customers bitcoins held before services were suspended are safe and will be fully honored in full. It said it maintains more than enough offline reserves to cover the bitcoins that were compromised. A relaunch is expected within about 24 to 48 hours, CEO Nejc Kodri wrote on Tuesday.”]

Source: https://securityintelligence.com/news/bitcoin-exchange-service-bitstamp-temporarily-suspended-hack/

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