17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack

The post 17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack appeared first on CCN

The company that operates South Korean cryptocurrency exchange Youbit filed for bankruptcy after the trading platform was breached for the second time this year. Youbit Files for Bankruptcy After Second Hack This Year Tuesday morning, the Seoul-based Youbit published an announcement informing users that a hacker had successfully breached the exchange’s hot wallet, absconding with

The post 17% of Bitcoin Reserves Stolen: Korean Exchange Youbit Declares Bankruptcy after Hack appeared first on CCN

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