Flexcoin shuts down after targeted by Hackers loosing $600,000

flexcoinOne more bad news to the world of Bitcoin was announced today after Mt. Gox.   “Bitcoin bank” Alberta, Canada-based Flexcoin  and Bitcoin exchange Poloniex have announced that they have been targeted by hackers.
The company said  “As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately,” 


While Poloniex will continue to do business, Flexcoin administrators have decided to shut it down

Flexcoin site reads “On March 2nd 2014 Flexcoin was attacked and robbed of all coins in the hot wallet. The attacker made off with 896 BTC, dividing them into these two addresses:


1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6 “

Flexcoin said it would return bitcoins back to the uses  that are stored offline, or in cold storage.

More details can be see at

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