Free Republic

May 8 (UPI) -- Hackers have stolen more than $40 million worth of bitcoin from the world's largest cryptocurrency exchange, officials said. The Binance exchange said it discovered the breach Tuesday, and learned hackers stole 7,000 bitcoins in a single transaction. The company said it will cover the incident "in full" so no users' funds will be affected. As of early Wednesday, 7,000 bitcoins carried a value of about $41,009,000. The multi-prong attack used phishing, viruses and other methods to breach the accounts, Binance said. Sensitive user data was also mined, officials said. "The hackers had the patience to wait...

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: 1NDkevapt4SWYFEmquCDBSf7DLMTNVggdu1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6 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...