Bitcoin exchange Bitstamp confirmed Monday, January 06, 2015, about $5 million in bitcoins was stolen from its hot wallets. Unfortunately for Karpeles, he had signed a non-disclosure agreement that left him unable to discuss the loss, and he faced the Sisyphean task of recovering the missing bitcoins on his own—a problem that became greater by the day and sometimes by the hour as the value of bitcoins skyrocketed.

Edit to add: For avoidance of ambiguity, I'm really, really, REALLY not suggesting that "Since banks are equally insecure, bitcoins are a great idea." Of greatest interest to HN readers, if your bank has a security fumble and your account is debited $25,000 as a result of this, you will almost certainly be reimbursed for every penny of that post-haste.

Welcome to the popular cryptocurrency blog CoinSutra. Even today, hacking attempts are made on the online wallets and many even get successful. This Slovenian Bitcoin exchange startup was founded in 2011 as an alternative to But sadly, it wasn't much of a safe alternative to because, in 2015, it was also hacked.

BITCOIN was dealt another blow last night after South Korean cryptocurrency exchange Bithumb said $31.5 million was stolen by hackers causing the principle Doge Coin Stealer to fall from $6,742 to $6,562. You have your Bitcoins in your own Bitcoin wallet, which will sort of your own bank.

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. You get a list of 1000 Bitcoin addresses with the currently highest balance.