Close

Flexcoin Closes After Bitcoin Stolen

March 4, 2014 9:53 AM EST
Virtual currency Bitcoin is adding to gains today despite reports of another noted theft. Flexcoin had to close today after 896 Bitcoins were stolen in a hack attack, the Guardian reported. The news follows last week's bankruptcy of major exchange Mt Gox after it admitted to losing 850,000 Bitcoin.

In a statement, Flexcoin said: "On March 2nd 2014 Flexcoin was attacked and robbed of all coins in the hot wallet,” the statement read. “As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately."

Bitcoin last traded up 0.7% to $696 on bitstamp.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Forex

Related Entities

Bankruptcy, Bitcoin