Cloud Mining News & Reviews

Bitstamp Wallet Compromised!Stop Sending Deposits to Your Bitstamp Account (for now)!

Bitstamp Wallet Compromised

Don't Send Bitcoin Desposits to Your Bitstamp Account (for now)!

We received a message from Bitstamp alerting users not to send bitcoin desposits to their Bitstamp accounts.

We opened Bitstamp.net to find out more and learned that their service has been temporarily suspended as one of their operational wallets was possibly compromised.

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Bitstamp Wallet Compromised

Fortunately, Bitstamp is willing to fully cover deposits made prior to January 5th 2015 9:00 UTC with their reserves.

But, it appears that deposits made AFTER January 5th 2015 9:00 UTC (about 3 hours ago) to the previously issued Bitcoin deposit addresses cannot be honored (deposits to newly issued addresses provided after January 5th 2015 9:00 UTC are honored).

Bitstamp Wallet Compromised

In our view, Bitstamp has handled this situation very well so far, and their professional handling of incidents like this one only helps to increase trust in their service and in the larger crypto industry.

 

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