22 Sep '12, 7am

Bitfloor Back in Business | Bitcoin Magazine

Bitfloor Back in Business | Bitcoin Magazine

Mihai Alisie (left) conducting an interview with Roman Shtylman (right), the founder of Bitfloor, to be published in an upcoming article. Bitfloor, a New York based Bitcoin exchange, is now back up and running after a thief stole $250,000 worth of Bitcoins[1] from a backup on one of its servers. Roman Shtylman, the founder and operator of Bitfloor, wrote a blog post[2] promising that he is still working to return users Bitcoin funds, but that it was important to get the exchange back up and running quickly so as to not erode confidence in the continuation of the exchange any further. Currently, any Bitcoin balances held prior to the hack are on “hold” status within the exchange. They cannot be traded or withdrawn. The plan to return users funds currently rests on the profitability of the exchange – as profits are generated, Shtylman plans to distribute some or all of them ...

Full article: http://bitcoinmagazine.net/bitfloor-back-in-business/

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