Youbit Hacked Again, Closes Its Doors

[Cordillerabit]

December 19, Youbit was dealt a death blow in the form of another hack. The exchange, which was also hit in April, is closing down in the fallout of the most recent attack.

HACK, RINSE, REPEAT
This is not the first time hackers have dealt a crushing blow to Youbit’s hot wallet reserves. 
Back in April, when it still bore the name Yapizon, the exchange lost 3,186 Bitcoin in a similar attack. The funds, worth around US$5 million at the time, are now valued at over US$55 million.

The South Korean National Intelligence service believes that North Korean hackers were behind that attack, as well as a separate hacking of South Korea’s largest exchange, Bithumb, back in February. The Korean Internet and Security Agency is currently investigating Youbit’s most recent attack.

Source: https://themerkle.com/youbit-hacked-again-closes-its-doors/