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Security Breach Forces Bitcoin Exchange Bitstamp to Suspend Service

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...

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