Bitstamp Suspends Its Bitcoin Exchange Following A Suspected Hack

SHANTELHEART'S BLOG NEWS

TechCrunch

The year is but five days old but already we have our first bitcoin hacking story of 2015 after Bitstamp, a Slovenia-based exchange that raised $10 million last year, suspended its service following a suspected breach.

A notice on the company’s website warns users that there is “reason to believe that one of Bitstamp’s operational wallets was compromised on January 4th, 2015.”

The company said it has temporarily suspended its service “as a security precaution,” but it claimed that it has enough bitcoins in cold storage (aka saved offline) to cover the stolen loot — though it hasn’t revealed how many coins were lost.

Nonetheless, there is still an all caps warning to customers about using the service.

IN THE MEANTIME, PLEASE DO NOT MAKE DEPOSITS TO PREVIOUSLY ISSUED BITCOIN DEPOSIT ADDRESSES. THEY CANNOT BE HONORED!

Bitstamp hasn’t revealed when its service will resume, it is investigating the situation first. “We will return…

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