[Super Nintendo Chalmers]

Originally Posted by chemgear

Another bank wiped out today:

http://www.cbc.ca/news/business/bitc...heft-1.2559018

A second online bitcoin bank has shut down after a security breach allowed thieves to steal a large quantity of bitcoins.

Flexcoin made the abrupt announcement on its website Tuesday, admitting that it had been robbed of 896 bitcoins after a thief or thieves managed to collect them from Flexcoins servers and transfer them to two bitcoin wallets — a unique string of numbers and letters that function similarly to an email address, and bitcoin's equivalent to individual bank accounts where customers store money.

At current market rates, the theft amounts to more than $600,000 US. The figure represents the bank's entire bitcoin holdings online, effectively wiping out any customers who held assets there.

Last week, they tweeted:

flexcoin ‏@flexcoin Feb 25
We hold zero coins in other companies, exchanges etc. While the MtGox closure is unfortunate, we at Flexcoin have not lost anything.

That's like saying "shutout" before the game is over.