Bitcoin trading platform BitQuick was the target of a cyberattack this week that temporarily resulted in unauthorized access to its server.
The company explained:
Customer withdrawals have been processed and a security audit is now underway, BitQuick said, a process that could take several weeks.
In the same statement, BitQuick announced that it has been seeking a buyer, a move it said is unrelated to the attack, and cited personal reasons for the decision to sell.
Co-founder and CEO Jad Mubaslat told CoinDesk that the startup has no intention of shutting down for good.
"BitQuick is certainly not over, that’s for sure. It’s just about how long it will take to figure out the next step for BitQuick," he said.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.