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Analysis: Bitstamp Hacker Virtually Stole Additional $1.75 Million : Swiss App Bitcoin Digitalcoin

Analysis: Bitstamp Hacker Virtually Stole Additional $1.75 Million

Bitstamp narrowly prevented losing an additional $ 1.75 m in bitcoin throughout its recent hack, according to a blockchain evaluation by an independent scientist.

In the final hours of a $ 5.1 m break-in that occurred at the exchange 5 days earlier, the $ 1.75 m in bitcoin was swiftly relocated to an address believed to be utilized for cold storage by Bitstamp, analyst Danno Ferrin has actually discovered.

CoinDesk can confirm that the address in concern was controlled by Bitstamp as recently as 2nd December. The firm's president, Nejc Kodric, said at the time that the address was being made use of during an audit. While the CEO stated the data was to be made public in the week of 8th December, the exchange hasn't released any audit results given that 24th May.Continue reading at CoinDesk CoinDesk


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