Bitcoin Exchange Bitstamp Halts Customer Withdrawals
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Bitstamp, one of the biggest online Bitcoin exchanges, suspended withdrawals yesterday in the latest setback for the virtual currency following a service disruption at a Tokyo-based exchange last week.
A denial-of-service attack, in which a website is flooded with massive requests for data, obstructed Bitstamp’s ability to check account balances, the exchange said in a statement. Customers can withdraw cash but not Bitcoins, as the company works to fix services, Nejc Kodric, Bitstamp’s chief executive officer, wrote in an e-mail.