The article is typically misleading. Even so you didn't read it beyond the headline or didn't understand what you were reading.
"BitCoin" and it's underlying decentralized network for control of money supply (the object of the technology), did not fail at all
. NO ONE has found or even theorized a way to forge a coin or otherwise manipulate the supply. Do you understand this point?
Unencrypted Wallets (accounts) were robbed and a massive attempted conversion to cash was halted
by the exchange, causing a short term panic on that market. That's it. Nothing more. Considering that security risk can be stopped with merely encrypting one's wallet, it's not even a systemic problem of any kind to be concerned about.
From the legal (and citizen boot-licker side) it is clear though, plenty of long knives out to try and stop BitCoin because the system is far more robust than anything tried before. As it becomes increasingly used as money directly, rather than trade to/from currency, it will be considerably stronger. The only thing events like this really show is that it is getting some scale and that's a good thing.
Fact: The stock market has had actual massive systemic transaction failures in the past.
Fact: The dollars in your bank account are losing purchasing power at a steady clip. It's a kind of stealth robbery via Cantillon effect.
Fact: Not one (1) fiat currency in human history has stood the test of time.