Bitstamp, a bitcoin exchange, was hacked and lost $5 million in bitcoin due to a phishing attempt in which employees were targeted using personal information and malware. A report by Bitstamp's general counsel revealed details of the attack and efforts to identify and arrest the attacker. Bitstamp quickly took action to rebuild their systems and lost both bitcoin and customers as a result of the hack.
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The Great Crypto Heist: Inside the $5 Million…
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Bitstamp, a bitcoin exchange, was hacked and lost $5 million in bitcoin due to a phishing attempt in which employees were targeted using personal information and malware. A report by Bitstamp's general counsel revealed details of the attack and efforts to identify and arrest the attacker. Bitstamp quickly took action to rebuild their systems and lost both bitcoin and customers as a result of the hack.