BTCJam hacked- again; says no bitcoins lost

BTCJam reported that a hacker managed to gain access to its systems and "initiate" unauthorized transfers from users who don't have 2-factor authentication (2FA) enabled.

The Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term lender sought to reassure customers that "no users have lost bitcoins as a result of this." It did not elaborate if the transfers were indeed carried out- and the lender will replenish lost funds from its own pocket- or if the attempts were ultimately unsuccessful and how they were blocked. In the past, some online bitcoin businesses have sought to reimburse users for hacked funds in cases where the loss was not insurmountable.

BTCJam blamed its e-mail provider Mailjet for the breach, saying that it "allowed a hacker to gain access to some of the transactional emails of btcjam for a period of two hours." They plan on moving the most critical transactional e-mails to their own server and are strongly encouraging users to enable 2FA.

BTCJam was also reportedly hacked in April. It was speculated that the hacker gained access as a result of the Heartbleed bug. Clues were also uncovered as to the hacker's identity.