Bitcoin Exchange Youbit Shut Down Following Hack

Written by:
Guest
Published on:
Dec/20/2017

A bitcoin exchange, Seoul-based Youbit, has shut down after being hacked, highlighting the perils of trying to cash in on this year's stunning boom in digital currencies.  The company is yet to confirm what if any amount of digital currencies were taken as a result of this hack.

It wasn’t the first time this year that Youbit got hacked.

In April, thieves made off with 38 billion won ($35 million) in digital currencies.



video News

60K is Still Possible for Bitcoin This Year

Julian Hosp, co-founder of crypto wallet and card start-up TenX, believes that bitcoin could be hitting $60,000 before the year ends despite only peaking at just shy of $20,000 this past December and now trading 67% below that number.

The One Thing This Bitcoin Bear Needs to See to Become Bullish

“After the move we’ve seen it’s very difficult in the short term to be bullish,” Todd Colvin, analyst at Ambrosino Brothers, told CNBC’s “Futures Now” on Tuesday....But there is something that can change that mindset....

Elderly Man Beaten and Robbed Insider MGM Detroit

71- year old Clearance Kimbrough was beaten and robbed on the 6th floor of the MGM Casino parking garage Saturday morning. 

Why the Phil Hellmuth Outburst Over Weekend has Everyoune Outraged

Why the Phil Hellmuth Outburst Over Weekend has Everyoune Outraged

The World Series of Poker bracelet record holder Phil Hellmuth may have apologized for his outburst against a fellow player this weekend.  Few had kind words for Hellmuth, who only days earlier had made his grand entrance at the WSOP 2018 dressed as Marvel super hero Thor.

Celebrity Poker Pro James Woods: '5 Fatso Liberal Nutjobs Are Hardly Cause to Arm Yourself'

Celebrity Poker Pro James Woods: '5 Fatso Liberal Nutjobs Are Hardly Cause to Arm Yourself'

Responding to a group of individuals furious over the harassment this past weekend of Republican Senate Majority Leader Mitch McConnell and ostensibly warning of a Civil War, celebrity poker pro and conservative James Woods attempted to calm the masses.

Syndicate