News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Large bitcoin exchange halts trading after hack

One of the largest bitcoin exchanges on the Internet has temporarily suspended its services after losing some 19,000 bitcoins

One of the largest bitcoin exchanges on the Internet has temporarily suspended its services after losing some 19,000 bitcoins ($5.1 million) in what the company said was a breach of its systems.

In a message on its site dated January 6, Bitstamp said some of its operational wallets were compromised on January 4. The company said that upon learning of the breach it advised all of its customers to no longer make deposits to previously issued bitcoin deposit addresses.

WSJ Logo