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Wednesday, February 10, 2016

Lucky7Coin bad luck for Cryptsy

News of a multimillion dollar heist of Delray, Fla.-based Cryptsy, a cryptocurrency exchange established in 2013, stunned the digital currency community. More than 270,000 registered users were affected by the theft, which was initially disclosed Jan. 15, 2016. Many who traded in bitcoin and LiteCoin lost considerable sums.

The attack caught Cryptsy senior managers by surprise, according to the company's blog post. "[We] just didn't know what happened, didn't want to cause panic, and were unsure who exactly we should be contacting," the company posted. Cryptsy subsequently opened an investigation, shutting down all trades and deposits until more facts become known.

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