Flexcoin to close following 896 BTC theft
On Sunday, March 2, Alberta-based “Bitcoin bank” Flexcoin was hacked. Thieves made off with all 896 Bitcoins in the system’s online “hot wallet,” roughly $600,000 at current prices. According to an announcement on the site, Flexcoin “does not have the resources, assets, or otherwise to come back from this loss.” Effective immediately, Flexcoin is closed….