Bitstamp resumed trading and temporarily canceled fees.
After five days of uncertainty, occasionals twitter promises of N. Kodrich, CEO of Bitstamp and speculations of nervous traders, launched Friday, January 9, 2015 Bitstamp resumed trading and temporarily canceled fees. Bitstamp, on his blog, announced his return to the normal business mode that brings new features to improve the safety of traders, and new services for its customers.
As a thanks for their patience also canceled until January 17, 2015 fees for buying and selling Bitcoin. How do clients gradually confirms, they found their balances in their accounts at the same level as before the Monday closing bitcoin price operation. As you will read in this article, yet unknown hacker stealed less than 19,000 in bitcoin prices Exchange value $ 5 million.
Over the next few days it became clear that only early intervention at the last minute managed to avoid further steal of bitcoins for 1.75 million USD. New hardware, improve safety, will it keep customers? As already said Nejc Kodrich in the hot week, exchange system has change “from scratch”, moved to new hardware, which can confirm one of the theories that they was attacked by “insider”. The changes include the transition to AWS cloud infrastructure and integration of technology for multi-signatures of bitcoin wallets in cooperation with BitGo.
All this, according to the terms of the Exchange is to prevent further hacker attempts, restore customer confidence and do Bitstamp better and stronger than ever before. The following days will tell if the largest exchange offices remain or if the customers will preventively move elsewhere. In the first hours after reopening increased buying activity and the bitcoin price – it would be support for the theory that prevails, effort to purchase BTC and fast leading out elsewhere. Other trading already dont supports the theory, and the following days will show if the clients of Bitstamp appreciate his progress and remain faithful to him ...
In any case, it is necessary to appreciate how Bitstamp resolved the whole situation, the speed with which handled the crisis – perhaps only continuous communication could be a little more specific.
But it certainly does not compare with how ignominiously year ago ended the largest stock exchange MtGox. Bitstamp now confirmed that, from that time bitcoin infrastructure moved to, more sophisticated level.