Bitcoin exchange shuts down after hack

Bitcoin bank Flexcoin is closing after it lost bitcoins worth about $600,000 to a hacker attack.
Flexcoin said in a message posted on its website Tuesday that all 896 bitcoins stored online were stolen on Sunday. The theft comes after a multi-million dollar hacking theft of the digital currency from Mt. Gox and increased scrutiny from federal regulators.
"As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately," the company said in a statement.

Read more
(Photo: Jim Urquhart/Reuters)

Bitcoin exchange shuts down after hack

Bitcoin bank Flexcoin is closing after it lost bitcoins worth about $600,000 to a hacker attack.

Flexcoin said in a message posted on its website Tuesday that all 896 bitcoins stored online were stolen on Sunday. The theft comes after a multi-million dollar hacking theft of the digital currency from Mt. Gox and increased scrutiny from federal regulators.

"As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately," theΒ company saidΒ in a statement.

Read more

(Photo:Β Jim Urquhart/Reuters)

  1. lord-fcking-zo reblogged this from aljazeeraamerica
  2. lucifargundam reblogged this from aljazeeraamerica
  3. wallofmess reblogged this from aljazeeraamerica
  4. savvy-money reblogged this from aljazeeraamerica and added:
    Free Bitcoins every 24 Hours from QoinPro. Sign up here
  5. bookknickers reblogged this from aljazeeraamerica
  6. standardamerican reblogged this from aljazeeraamerica
  7. nickbomfy reblogged this from 0x125747
  8. meesterveggie reblogged this from aljazeeraamerica
  9. mikejay3 reblogged this from aljazeeraamerica
  10. turkicnomad reblogged this from aljazeeraamerica
  11. gawdammnit reblogged this from aljazeeraamerica
  12. ctrl-alt-clu reblogged this from dynastylnoire
  13. hikouki-gumo reblogged this from aljazeeraamerica
  14. firewordsparkler reblogged this from aljazeeraamerica
  15. andybrwn reblogged this from aljazeeraamerica and added:
    So am I understanding correctly that Bitcoins are hard to mine, but, akin to Jesse James’ thinking, one just hacks a...
  16. scribetiaru reblogged this from dynastylnoire
  17. nquetzl reblogged this from aljazeeraamerica
  18. knarsisus reblogged this from aljazeeraamerica
  19. narcissistic-narwhals reblogged this from spookytheford
  20. islappadahbass reblogged this from aljazeeraamerica
  21. spookytheford reblogged this from aljazeeraamerica