Bitcoin Site Announces It's Going Out Of Business After Every Single One Of Its Coins Gets Stolen In A Single Theft
Mike Nudelman/Business Insider
This time Flexcoin - which called itself a Bitcoin bank - has announced that it's going out of business after a huge theft that has wiped it clean.This is the announcement. There's no sugarcoating it. Somehow all the Bitcoins were just taken.
As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately.Users who put their coins into cold storage will be contacted by Flexcoin and asked to verify their identity. Once identified, cold storage coins will be transferred out free of charge. Cold storage coins were held offline and not within reach of the attacker. All other users will be directed to Flexcoin's "Terms of service" located at "Flexcoin.com/118.html" a document which was agreed on, upon signing up with Flexcoin.
Flexcoin will attempt to work with law enforcement to trace the source of the hack.
Updates will be posted on twitter as soon as they become available.
- A venture capitalist's advice for startups looking to raise money during this pandemic
- Into the wild: Epic pictures of magnificent beasts in their natural environment
- India clocks over 200,000 COVID-19 cases for a third day in a row
- Indian-origin scientist spots genes that fight Covid infection
- MLS concludes Beckham's Miami broke league budget rules