Bitstamp announces withdrawals will resume today

Home » Bitstamp announces withdrawals will resume today

bitcoin-wall3Earlier this week, citing the massive DDoS attack on Bitcoin infrastructure, Bitstamp halted all withdrawals from customer accounts. That freeze on customer accounts appears to be ending, as Bitstamp recently announced via Twitter and their website that they’ll be resuming withdrawal processing later today.

Speaking with CoinDesk, Bitstamp CEO Nejc Kodrič says his team has developed a working solution for the problem, although it remain in testing. “Keep in mind that our solution worked on a small amount of transactions in our development environment,”Kodrič explained.

There are no details about when customers will again have full access to their funds, but an earlier estimate of “within 24 and 72 hours” by chief security officer Andreas Antonopoulos seems to be proving accurate.

More details to come as the situation develops.

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