10 years ago
Canadian bitcoin bank collapses after hackers steal digital currency
A Canadian bank specializing in bitcoins says it has closed after computer hackers stole its digital currency. The closure of the Flexcoin bank comes just a week after the collapse of Mt. Gox, a major bitcoin exchange. The Japan-based Mt. Gox also linked its demise to an electronic heist. The twin failures of Mt. Gox and Flexcoin will likely raise more doubts about bitcoin’s ability to establish itself as an alternative currency.
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