One of South Korea's smaller digital currency exchanges, Youbit, has filed for bankruptcy and ceased trading after revealing it was hacked for the second time this year. According to the company's website, it lost about 70 percent of its assets in the latest attack, meaning customers' assets would be marked down to three-quarters their original price. In April, almost 4,000 bitcoins were stolen from Youbit in a hack attributed to North Korea. The police and officials from the Korea Internet & Security Agency are investigating the most recent incident.
One of South Korea's smaller digital currency exchanges, Youbit, has filed for bankruptcy and ceased trading after revealing it was hacked for the second time this year. According to the company's website, it lost around 17% of its assets in the latest attack, meaning customers' assets would be marked down to three-quarters their original price. In April, almost 4,000 bitcoins were stolen from Youbit in a hack attributed to North Korea. The police and officials from the Korea Internet & Security Agency are investigating the most recent incident.