Flexcoin, Bitcoin Bank, Shuts Down After Cyber Attack

Flexcoin, Bitcoin Bank, Shuts Down After Cyber Attack

Bitcoin bank Flexcoin has ceased operations after it was the victim of a cyber attack. Flexcoin said on its website that Hackers stole 896 Bitcoin, worth around $600,000, from the bank’s hot wallet — a Bitcoin wallet that is online and connected in some way to the Internet — and divided them into two addresses.


User: indypostednews

Views: 8

Uploaded: 2014-03-06

Duration: 00:58

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