Prominent Bitcoin exchange Bitstamp, which has suspended its services this week following a security breach, has resumed all the business operations.
In a blog post on the official website of the exchange, Bitstamp chief executive Nejc Kodric, said, “We are happy to announce that we are back open for business with a newly redeployed website and back-end systems that are safer and more secure than ever.”
Bitstamp called off the operations while the probe into the hacking was on as some of its virtual money was compromised on Sunday, leading to a loss of roughly 19,000 Bitcoins worth nearly USD 5 million.
In a message on Tuesday, Bitstamp authorities announced its decision to shut down temporarily and also informed their customers that the lost Bitcoins represented just a “small fraction” of their total Bitcoin reserves.
According to Bitstamp, most of its Bitcoin reserves are preserved safely in offline storage systems that are out of the hackers’ reach.
The London-based exchange also urged its customers not to deposit the virtual coins to their previously issued Bitcoin deposit addresses.
The official blog post, released on Friday, did not provide any specific details on the cyber hacking.
Bitstamp, the third-largest Bitcoin exchange, accounts for the five percent of transactions involving the virtual currency.
The Bitcoins traded nearly USD 290 on Friday, as per the CoinDesk, where the virtual currency had been trading all week.
