Tag Archives: Another Bitcoin Bank “Loses” Its Deposits

ZeroHedge – Another Bitcoin Bank “Loses” Its Deposits – 4 March 2014

ZeroHedgeJust six days after proudly proclaiming that it was unscathed by the Mt.Gox debacle, another Bitcoin bank – Flexcoin – has admitted that it will be forced to close after hackers stole 896 bitcoin, worth around $600,000, in an attack on Sunday. As The Guardian reports, the company shut its website and posted a statement on Tuesday morning detailing the loss…”as Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately.”

Read the full story at: www.zerohedge.com / link to original article