Bitcoin exchange Flexcoin shuts down, one week after the end of Mt. Gox

3:38 PM, Mar 4, 2014   |    comments
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(USA TODAY) -- One week after the popular Bitcoin exchange Mt. Gox mysteriously shut down, another exchange is also closing following an attack by hackers.

In a statement posted to their website Tuesday, Flexcoin says it was "robbed" of all 896 of its bitcoins. Based on today's price, the stolen bitcoins are valued at more than $600,000.

"As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately," reads a statement from the company.

Flexcoin's demise follows last Friday's announcement from Mt. Gox that it was filing for bankruptcy following a similar theft of bitcoin. The number of bitcoins stolen from Gox is valued at $425 million.

The price of Bitcoin is up 2% at $675.48.

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