Tuesday January 06, 2015

Bitcoin Exchange Hacked, $5M Worth Of Bitcoin Stolen

According to this report , Bitstamp has temporarily suspended its bitcoin exchange services because some of its bitcoin storage wallets were compromised over the weekend.

The popular bitcoin trading site, said to be the world's third busiest bitcoin exchange amounting for 6 percent of all bitcoin transactions, said that a "small fraction" of customer bitcoins are maintained in online systems, adding that any compromised bitcoins can be recovered from its "cold" offline storage reserve.