“Vircurex is the latest company to join the growing list of insolvent Bitcoin exchanges, according to a statement issued on its site today. Vircurex announced that it will immediately stop withdrawals of Bitcoin, Litecoin, and other virtual currencies, reports The Next Web. Starting tomorrow, Vircurex plans to freeze all user accounts. Plagued by two hacking incidents last year, Vircurex previously pledged to cover its user’s losses via its own income. Due to ‘large fund withdrawals in the last weeks,’ however, Vircurex claims it has taken the above actions to prevent the service from shutting down entirely.”
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