Bitcoin Exchange Bitstamp Suspends Service After Security Breach

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Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has temporarily suspended service after some of its operational wallets were compromised on Sunday, resulting in loss of about 19,000 bitcoins. The breach represented a small fraction of its total bitcoin reserve and the majority was held in secure offline cold storage systems, Bitstamp posted on its website on Tuesday. The Slovenia-based firm – which said on Monday it believed one of its operational wallets had been compromised – did not give further details on the breach.

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