It's still hard to believe that Magic The Gathering Online Exchange was the largest bitcoin trading site on the internet.
In BitCoin news the dude whom started it has been found
I imagine this will not be of help to bitcoin.
Imploded exchanges...."unnatural" death of exchange founders....$500M missing from one exchange alone...market volatility...overnight birth of a cottage industry of "Exchange Robbers"...
I once lamented to a friend that Bitcoin was the least exciting thing to ever happen to the internet.
I was wrong.
hoo boy, it just gets better and better.
-- Flexcoin Shuts Doors, Citing Theft of US $600,000 Worth of Bitcoins
(March 5, 2014)
Canadian Bitcoin Bank Flexcoin has ceased operations after attackers
stole nearly US $600,000 worth of the digital currency by exploiting "a
flaw in the [front-end] code which allows transfers between Flexcoin
-- Poloniex Bitcoin Exchange Reports Theft
(March 6, 2014)
Bitcoin exchange Poloniex is reporting that attackers stole just under
US $50,000 in Bitcoins. The theft amounts to 12.3 percent of Poloniex's
bitcoins. Poloniex's owner said the thief exploited a flaw in the site's
withdrawal processing code.
Who would ever have imagined that a currency based and stored entirely on computers would be vulnerable to hacking???
Sounds safe to me!
I am still waiting for someone to hack the massive supply of Bitcoins the FBI has. Man that would be awesome.
A new challenger arrives: http://vimeo.com/92087150