Bitcoin exchange floored in virtual bank robbery – $250,000 stolen in security lapse

Bitfloor, the fourth-largest Bitcoin-to-US$ exchange, recently imploded following a security breach.

The cause of the breach was a temporary security lapse during a system upgrade.

Read more: Bitcoin exchange floored in virtual bank robbery – $250,000 stolen in security lapse

Story added 6. September 2012, content source with full text you can find at link above.