Posted inChinaNorth KoreaNortheast AsiaSouth Korea

South Korean bitcoin exchange declares bankruptcy after attack

South Korean bitcoin exchange Youbit is filing for bankruptcy after it was hacked for the second time this year on Tuesday. The move to declare insolvency comes despite Youbit’s characterization of the attack as less severe than an intrusion last April, according to Coindesk. Users may not see full return of funds, a statement said, […]