About $5.1 million in virtual currency, or 19,000 units, went missing from Bitstamp, a major bitcoin exchange, after a colossal security lapse forced it to halt services. The heist follows bitcoin’s more than 50 percent collapse in value.
The missing bitcoins have forced the company to freeze all user activity, from deposits to withdrawals, reported Coindesk, a bitcoin news website.
“We have temporarily suspended Bitstamp services. Bitstamp customers can rest assured that their bitcoins held with us prior to temporary suspension of services on January 5th (at 9am UTC) are completely safe and will be honored in full,” a statement on the company’s website says.