On Wednesday, Bitcoin exchange and payment processor Coinbase proudly announced that it has been holding insurance against theft or loss of its coins for almost a year.
Once you have local or online wallet set up and filled with some coins it is time to think about their safety.
Bitcurex faced a hacking attack on Friday morning, forcing the Polish Bitcoin exchange to (temporarily) go offline. Reportedly, the attack was blocked but some funds were still stolen. This is yet another example of counterparty risk faced by investors in digital currencies. Some services have responded by starting …