Bitstamp Bitcoin Exchange Suspended Due To "Compromised Wallet"

twitnutttt writes Customers of Bistamp, the successor (until recently) to MtGox as the highest-volume dollar-denominated Bitcoin exchange, and still the preferred source of trading data for many technical analysts, sent an email at about 4:00 UTC today warning that, "Today our transaction processing server detected problems with our hot wallet and stopped processing withdrawals." They also instructed users to stop sending any deposits immediately or they may be lost. The Bitstamp website has now also suspended all exchange/trading services, and the homepage contains only a maintenance message warning users of a "compromised" wallet. Numerous references to security imply that this is a hacking attack, but Bitstamp reassures that they maintain "more than enough offline reserves to cover the compromised bitcoins."

Comments

Soundtrack contest

[Sarten-X]

I now have "Another One Bites The Dust" in my head.

Anybody have any better music suggestions appropriate for this story?

I can't tell you how relieved I am.

[fuzzyfuzzyfungus]

It's a terrible sign of the times that this is so; but it's so goddamn heartwarming to see that we at least have some financial institutions around that aren't too big to fail...