Bitstamp’s Ongoing Outage Echoes Through Bitcoin Economy

By January 5, 2015Bitcoin Business

Following news that Bitstamp has suffered what now appears to be a massive security breach, the effects of the surprise outage at one of the largest cryptocurrency exchanges have spread quickly through the wider bitcoin economy.

From payment processors serving billion-dollar merchants to bitcoin ATMs and advanced trading platforms, Bitstamp ‘s stoppage caused quoted prices in bitcoin to become inaccurate, some products to be suspended and select services to be retailored in light of the interruption.

The wide-ranging ripple […]

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