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Bitstamp Reopens with a Revamped Website

Avatar Guest Author 5 years ago

Following a malicious attack that resulted in approximately $5 million worth of bitcoins being stolen, bitcoin exchange Bitstamp is now back online and resuming operations, this time with a newly revamped website.

Company CEO Nejc Kodric took to the Bitstamp blog to offer the following explanation to customers:

“Dear Bitstamp customers,

We are happy to announce that we are back open for business with a newly redeployed website and backend systems that are safer and more secure than ever.  Thank you for your patience during our temporary disruption of services this week.”

The blog goes on to state:

“We took the decision to rebuild our systems from the ground up from a secure backup for a few reasons.  By redeploying our system from a secure backup onto entirely new hardware, we were able to preserve the evidence for a full forensic investigation of the crime.  We have also taken this time to implement a number of new security measures and protocols so that customers can resume using Bitstamp with full confidence and trust.  While this decision means we have not been able to provide you with services for a number of days, we feel this extra measure of precaution was in the best interest of our customers.”

The exchange is now offering a number of new features to heighten security in light of the hacking, including multi-sig features, a completely new hardware infrastructure, Amazon web services and commission-free trading.

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