Coinbase Restores KeyVendor Bot’s Bitcoin Following a Glitch

KeyVendor, a Steam Bitcoin to keys exchange bot is back to normal after Coinbase restored access to its disappeared Bitcoin funds following a glitch. Read more…
The Steam CS:GO community is a happy lot after the funds that were thought to be stolen from a Steam Bitcoin trader bot, Keyvendor.net was recovered. KeyVendor, a Steam bot allows people to buy Steam CounterStrike: Global Offensive keys for Bitcoin. The owner of KeyVendor announced last week that over $15,000 in funds were stolen from the bot’s associated Coinbase account.
Following the announcement, the Steam community expected the worst. In spite of Jambo, KeyVendor owner’s assurance to reimburse the affected, the community members believed that their funds are lost for good. However, the issue was resolved and to their surprise, Jambo added an extra 10 percent to the reimbursement amount.
According to reports, the KeyVendor account was not hacked but it was an issue with the Coinbase account which led to a temporary loss of funds.

This post was published at NewsBTC on 9:30 am September 25, 201.