“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.”
Related posts:
10 Simple Steps to a Billion Dollar Business
U.S. Students Sign Petition to Legalize 4th Trimester Abortion
TSA Harasses Bitcoiner: Traveler Suspected of Carrying Bitcoin
Jacob Applebaum: To Protect And Infect, Part 2
Ron Paul launches Institute for Peace and Prosperity
UN official tells US to stop drone strikes
US and the Chalabi-ization of Syria
Open Carry Texas Meeting Harassed by Four Openly-Carrying Police Officers
NYPD lied under oath to prosecute Occupy activist
Bank of England: Central Banker as Movie Star
CEO of Russian Sberbank ‘Endorses Virtual Currencies’
Who Could Possibly Be Safe when Police Are Around?
Want a Career Remotely Spying on Your Neighbors and Murdering Strangers?
Same sex marriage measures approved in three states
CryptoParty: Party like it's December 31st, 1983