Bitcoin Exchange Cavirtex to Close Amid Security, Banking Concerns
This article has been updated with additional comment and information from Cavirtex regarding the exchange closure. Canadian bitcoin exchange Cavirtex has announced that it will shut down operations next month following the compromise of sensitive security information, including password hashes and two-factor authentication secrets. The company announced the closure in a 17th February post on its website, citing the risks of continued operation due to damage done to the exchange's reputation. The post stated that Cavirtex remains solvent and that client funds were unaffected during the....
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