Stakes Rise for Bitcoin Backers as Hackers Attack

Stakes rise for Coinbase as hackers attack bitcoin

By Philip Pearlman

Over the last week, thefts have been reported at three different bitcoin sites, one of which was the first exchange and at one time the largest.

Mt. Gox had $400 million stolen and the exchange filed for bankruptcy last Friday. Flexcoin had $600,000 in bitcoin stolen and the tiny exchange, Poloniex, had 12% of its assets, or $50,000 stolen.