• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Sensei Inu Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Breaking News: Fed Holds Interest Rates Steady, Bitcoin Awaits Trend Reversal Above $27,000
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Fed Holds Interest Rates Steady, Bitcoin Awaits Trend Reversal Above $27,000
<>
Sensei Inu Logo

Bitcoin Exchange BitStamp Stops Services; RNG Attack Suspected

Yashu Gola by Yashu Gola
9 years ago
in Uncategorized
Reading Time: 2 mins read

BitStamp, one of the world’s leading Bitcoin exchange platform, recently informed its users about suspending its services temporarily in the wake of a security malfunction.

According to the available sources, the Slovenia-based exchange allegedly suffered an RNG attack following which its hot wallets stopped processing deposits and withdrawals. It is the same attack which impacted Blockchain.INFO last month. As per BitStamp informed its users, no coins were lost in the incidence. However, the private keys to old addresses might have been lost, or stolen. The notice said:

Dear customer,

Today our transaction processing server detected problems with our hot wallet and stopped processing withdrawals.

You should STOP SENDING bitcoin deposits to your Bitstamp account IMMEDIATELY as private keys of your deposit address may be lost.

Your bitcoins already deposited with us are stored in a cold wallet and cannot be affected.

We will send you more info as soon as possible.

Best regards,

Bitstamp team

The exchange further spoke to the media and said that they are currently trying to figure out the length and breadth of this issue before making any necessary move. They although sounded relaxed as no Bitcoin were stolen in the alleged attack. “This seems to be a server issue and not a compromise but our teams are still investigating,” one of BitStamp’s representatives told CoinFire.

Meanwhile, detractors kept jumping to conclusions by comparing this incident with last year’s Mt Gox collapse. Dogecoin creator Jackson Palmer, being one of the active voices of the cryptocurrency community, however rubbished such claims, and supported the idea of a RNG attack.

“If it was an RNG attack then changes are they could have been getting skimmer for a while,” he added.

Tags: bitcoinbitstampcryptocurrencydogecoinOtherrng attack
Tweet123Share196ShareSend
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Related Posts

Polkadot

Polkadot Cross-Chain Bid Takes Flight As DOT Battles Uncertainty

3 hours ago
FTX

FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms

11 hours ago
CRV Spikes 22% In 2 Weeks As Whale Withdraws From Binance

CRV Spikes 22% In 2 Weeks As Whale Withdraws From Binance

12 hours ago
Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump

Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump

13 hours ago
Coinbase

Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC

14 hours ago
Polkadot parachains

Polkadot To Increase Parachains By 10X, Will This Support Free-Falling DOT?

15 hours ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Press Releases

  • As SEC Deadlines For Bitcoin Spot ETFs Slide By, This...

    1 min ago
  • SWIFT Begins CBDC Trials With Three Banks, $BTC Whales...

    1 min ago
  • Arbitrum (ARB), Toncoin (TON), and Tradecurve Markets...

    24 hours ago
  • Top Meme and Utility Tokens to Watch Out For in 2023...

    1 day ago
  • Bitcoin Miners Go Bankrupt As Bitcoin Spark Looks To...

    1 day ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Win 8.88 BTC
  • Play Casino Games
  • Play Finance

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.