South Korean Exchange YouBit's $2.8 Million Insurance Claim Denied

South Korean Exchange YouBit’s $2.8 Million Insurance Claim...

The Seoul-based cryptocurrency exchange Youbit has seen its insurance claim denied by a South Korean insurance company following a high-profile cyber attack in December. Rejected!...

Adam James | Mar 30, 2018 | 14:30

Youbit Exchange Files For Bankruptcy As Hackers Wipe 17% Of Assets

South Korean exchange Youbit has announced it is filing for bankruptcy after hackers stole 17% of its net assets. ‘Very Sorry (Again)’ In an announcement on its homepage...

Wilma Woo | Dec 19, 2017 | 04:30

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