Bitcoin Service Instawallet Shuts Down After Hacking

By  |  April 3, 2013
 | 

Bitcoin wallet service Instawallet has shut down “indefinitely” after being hacked, according to VentureBeat.

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    Instawallet claims it is shutting down until it can develop an “alternate architecture,” and that it will open up its claim process “in the next few days.” Bitcoin began the day trading at $135 but ended at below $117.

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