CoinWallet.co Throws in the Towel after Suffering a Data Breach

[kreslik.news]

As can be expected on the rugged frontiers of finance and technology, cyber-criminals have been targeting cryptocurrency businesses and individuals for years now. Recently however, the onslaught seems to be overcoming more of the defenses. The latest victim is the cryptocurrencies online wallet, CoinWallet.co (not to be confused with Coinwallet.eu , bitcoinwallet.com or any of the many many other wallet firms out there).

CoinWallet.co has announced it is shutting down at the end of April and requested clients to withdraw all coins before the 1st of May 2016. The decision to close was based primarily on the fact that “on the ... (read more)