Bitcoin Exchange Youbit

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A crypto-currency exchange in South Korea is shutting down after it was hacked for the second time in less than eight months. Youbit, which lets people buy and sell bitcoins and other virtual currencies, has filed for bankruptcy after.

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Youbit said it would file for bankruptcy hours after losing. Gox, once the world’s biggest Bitcoin exchange, reported that tokens valued at about $480 million had gone missing. The firm filed for bankruptcy in Japan and the U.S., and.

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Dec 19, 2017. A South Korean bitcoin exchange called Youbit said (link in Korean) hackers had stolen 17% of its asset reserves and it now plans to file for bankruptcy. For Yapian, the company that operates the Seoul-based exchange, it was the second breach (paywall) in less than eight months. The company said.

Dec 20, 2017. Cryptocurrency dealer Youbit became a casualty of hackers. The South Korean exchange will close and enter bankruptcy proceedings after a cyberattack at about 4:35 am local time, its owner, Yapian, said on Tuesday in a statement. About 17 per cent of total assets were lost. The heist follows a previous.

Dec 19, 2017. Yapian, which owns a cryptocurrency exchange named Youbit, filed for bankruptcy following a hack. The exchange was used to purchase and sell cryptocurrencies including bitcoin and ethereum. A translated statement posted by the company on its website said customers will be able to withdraw 75.

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A second cyber-heist has forced South Korean crypto-cash exchange Youbit to shut down.

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Bitcoin Exchange YoubitBitcoin exchange goes bust after hack – Dec. 20, 2017 – It's the second time this year that Youbit, which allows customers to trade bitcoin and other digital currencies, has been hit by hackers. In April.

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Youbit, which lets people buy and sell bitcoins and other virtual currencies, has filed for bankruptcy after losing 17% of its assets in the cyber-attack. It did not disclose how much the assets were worth at the time of the attack. In April,