Flexcoin
Flexcoin was a bitcoin e-wallet run by Flexcoin Inc in Edmonton, Alberta, Canada. It differentiated itself by returning most outgoing-transfer fees to account holders as a paid "discount," with no fee on Flexcoin-to-Flexcoin transfers. Transfers inside the service were instant.
The service ran invite-only in June 2011 and opened to the public on 4 August 2011. It was sold from Yooter to an Edmonton investor group headed by James Gray on 14 March 2012. The earlier article also called it one of the first US-facing bitcoin e-wallets to label itself a "bank" (it was not a licensed bank).
Personalized payment IDs (for example paying a name such as coffeeshop instead of a raw bitcoin address) were a marketed feature while the service was open.
Attack and closure
BBC News reported on 5 March 2014 that Flexcoin was closing after its entire hot wallet was stolen. BBC quoted the company statement: attacked on 2 March 2014, "896 [Bitcoins]" taken from the hot wallet, "closing our doors immediately," with users who had funds in cold storage to be contacted separately.[1]
An earlier wiki article dated the shutdown announcement to 3 March 2014 and used the same 896 BTC figure. Cold-storage funds were described as out of the attacker's reach.[1]