Sentences with phrase «hack while offline»

Not exact matches

[16] Less than one year after the collapse of Mt. Gox, United Kingdom - based exchange Bitstamp announced that their exchange would be taken offline while they investigate a hack which resulted in about 19,000 bitcoins (equivalent to roughly US$ 5 million at that time) being stolen from their hot wallet.

Since a hack back in April, the entire PlayStation Network had been taken offline while Sony made the appropriate steps to secure the service.

98 % of customer cryptocurrency funds are held offline, while the 2 % held online are insured, meaning that any customers who lost money as the result of a hack would receive full compensation.

With these wallets users get to retain control over their private keys while storing funds offline, away from possible hacks.