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 Crypto Traders Spooked After Korean Bitcoin Exchange Files For Bankruptcy

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Crypto Traders Spooked After Korean Bitcoin Exchange Files For Bankruptcy Vide
PostSubject: Crypto Traders Spooked After Korean Bitcoin Exchange Files For Bankruptcy   Crypto Traders Spooked After Korean Bitcoin Exchange Files For Bankruptcy Icon_minitimeTue Dec 19, 2017 6:16 pm
A cryptocurrency exchange in South Korea collapsed on Tuesday after it suffered a second cyberattack in eight months and lost a large amount of its digital-currency reserves. This spooked Asian investors who sold Bitcoin (and other cryptos).

Crypto Traders Spooked After Korean Bitcoin Exchange Files For Bankruptcy 20171219_BTC3_1_0

As The Wall Street Journal reports, Yapian, the company that operates a Seoul-based exchange called Youbit, suspended digital-currency trading and filed for bankruptcy after its systems were hacked in the predawn hours of Tuesday. The exchange trades 10 virtual currencies including bitcoin and ethereum.

http://www.zerohedge.com/news/2017-12-19/asian-crypto-traders-spooked-after-korean-exchange-files-bankruptcy
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