ShapeShift Bitcoin Trader Decides to Rebuild Service Following Cyber-Attack

  • 11 April 2016
  • 3 replies
  • 386 views

Userlevel 7
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Only company funds were stolen in the incident

 
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Apr 10, 2016 23:00 GMT  ·  By Catalin Cimpanu On April 7, the ShapeShift Bitcoin trader suffered a data breach during which the company's servers were accessed by an unauthorized party that appears to have stolen some funds, but nothing belonging to its clients.
 
ShapeShift CEO, Erik Voorhees, says that the attackers only made off with funds from what the company calls a "hot wallet inventory fund," which is its own Bitcoin stock, used to intermediate transactions until the real ones get approved.
 
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Userlevel 7
You have to wish Shape shift Bitcoin Trader the best as the company is trying to rebuild and service its customer, hats off to them.
Userlevel 7
Badge +62
Well that's the best thing they could do is rebuild after a cyber attack isn't it? I agree with there Anthony!
Userlevel 7
Well, wishing the company luck re. ths plucky decisio...no better way to show the miscreants that they will not win.

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