South Korea Cryptocurrency Exchange Shuts Down After Hacking

A South Korean exchange trading bitcoin and other virtual currencies declared itself bankrupt on Tuesday after being hacked for the second time this year, highlighting the risk over cryptocurrencies as they soar in popularity.

The Youbit exchange said it had lost 17 percent of its assets in the attack on Tuesday.

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Story added 19. December 2017, content source with full text you can find at link above.