Bitcoin Bank Closed after Hackers Attack.

bitcoin flexcoin bank closed

Even before we forget bankruptcy of Mt.Gox which is a major bitcoin exchange from Japan, another bitcoin bank was forced to close after hackers attacked and stolen about 896 bitcoins worth almost $600,000.

The bitcoin bank Flexcoin posted a note on its site stating: “On March 2, 2014 Flexcoin was attacked and robbed of all coins in the hot wallet. … As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately.”

During Last week, Mt.Gox blamed hackers for stealing an estimated $480 million worth of bitcoins, due to what it called a weakness in its system. The company opted for bankruptcy protection in Japan on Friday. Despite detailing outstanding debts of about 6.5 billion Japanese yen ($63.6 million), 850,000 lost bitcoins and 127,000 empty-handed customers, the exchange said it was looking to continue doing business.

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