Categories: News

Fake Bitstamp Website Has Been Taken Offline

Bitcoin companies have been attracting a lot of attention from the illegal circuit on the Internet, which has lead to various hacking attempts and scam websites. Bitstamp, one of the largest bitcoin exchanges in the world, now has a mirror site which looks identically the same to the real version. However, depositing Bitcoin or fiat currency to this platform will result in financial losses, and users need to steer away from this fake platform as soon as possible.

Also read: Freelancer Invoicing Service Bonsai Integrates Bitcoin Option

Bitstamp and Bitsltamp Are Not The Same

Typing in a web address can lead to various typing errors although there are usually no direct consequences for doing so. A wrong website URL will result in either a Google search with no results or a blank page. But in some cases, the result could be far more dire, which is exactly what can happen to those people mistyping the Bitstamp website.

Luckily for all parties involved, the fake website has been taken offline already, and users will not be able to access this scam platform. Bitsltamp, as this artificial platform was called, closely resembles the Bitstamp name, and can be counted as a common typo when trying to access the second site.

The primary goal of these phishing sites is to lure unsuspecting users into depositing funds in either Bitcoin or fiat currency. As the end user would see the site as Bitstamp – same layout, navigation, and whatnot – it could take a while until anyone discovered the truth about their missing funds. These types of sites are not as uncommon as one might think, though.

Related Post

Despite the fake website being taken offline already, WHOIS records show an interesting piece of information. Albeit these details should be taken with a grain of salt, it looks like the Bitsltamp domain name was registered through a Russian service on February 2 of this year. Additionally, all of the WHOIS protection is registered to an address in Australia, which is a bit of a mystery.

It may seem odd to see someone register a Bitstamp site clone through a Russian provider, but there could be a bigger story going on behind the scenes. Some Bitcoin users might remember how the Bitstamp platform was inaccessible for Russian users until a few days ago. Was this someone luring Russian visitors to a dodgy website, or should this event be seen as a warning by Russian government officials who want to give the exchange a bad name?

The truth will never be revealed, unfortunately, however, Bitcoin users need to be extra careful about the addresses they enter in their browser windows. A fake website looking to steal your money might just be around the corner, and you might not realize it until it is too late.

Source: Reddit

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Ethereum Names Its Post-Glamsterdam 2026 Upgrade: Hegota

Ethereum developers have officially named the network’s post-Glamsterdam 2026 upgrade Hegota. The name merges two…

2 days ago

TRON Integrates With Kalshi, Bringing TRX and USDT to the World’s Largest Prediction Market

TRON is pushing deeper into real-world financial infrastructure. TRON has announced that Kalshi, the world’s…

2 days ago

Former Pump.fun Developer Sentenced to Six Years After $2M SOL Heist

The “crypto Robin Hood” story has reached its legal end. A London court has sentenced…

2 days ago

NEAR Goes Live on Solana as Cross-Chain Trading and AI Ambitions Accelerate

$NEAR is now live on Solana. And the implications go far beyond a simple token…

3 days ago

Bitcoin Rips to $90K, Then Slips as Leverage and Supply Collide

Bitcoin moved fast. Then it pulled back just as quickly. A sudden surge pushed BTC…

3 days ago

Hyperliquid Proposes 37M HYPE Burn as Validators Prepare to Vote

Hyperliquid is facing one of its most consequential governance moments yet. A proposal now before…

3 days ago