Flexcoin Data Breach (2014)
Flexcoin
lowVERIS
Disclosed
March 2, 2014
4408 days ago
Records
896
Confirmed
Root Cause
Hacking
Industry
Finance
Description
A bitcoin bank loses all of its coins due to flaw in frond-end code that allowed simultaneous coin transfers to occur from 1 account into several accounts before the overdraw was identified. This was repeated until 896 bitcoins were stolen.