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Hackers Steal $5M In Bitcoin During Bitstamp Exchange Attack

Posted by Soulskill on from the digital-wild-west dept.

itwbennett writes: After a weekend hack forced the Bitcoin exchange Bitstamp to shut down, Bitstamp has revealed that $5 million worth of bitcoin was stolen during the attack. And that's not all the bad news for Bitcoin this week: Canadian Bitcoin exchange Vault of Satoshi announced it is is no longer accepting new deposits and will close Feb. 5. But in this case the operators are pursuing new business opportunities, saying in a post that the shutdown "has absolutely nothing to do with insolvency, stolen funds, or any other unfortunate scenario."

2 of 114 comments (clear)

  1. Re:Bitcoin Loss by pitchpipe · · Score: 0, Troll

    Bitcoin theft
    Found us bereft
    All that was left
    Was for the deft
    Burma Shave

    --
    Look where all this talking got us, baby.
  2. Re:Bitcoin Loss by BarbaraHudson · · Score: 1, Troll
    They lost $5 million
    But it's not in real bucks
    It's bitcoin bullion,
    Uninsurable deposits - that sucks.
    They're closing next month
    But don't worry they said.
    Your money's safe with us
    Though our company's dead.
    Unregulated "money"
    is no money at all,
    And so bitcoin's confidence
    Takes another fall.

    Burma Shave

    --
    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.