SOUTH KOREAN EXCHANGE DEAD FROM HACKING!!

in crypto •  7 years ago  (edited)

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A South Korean exchange (Youbit) declared bankruptcy due to a second hack attack. This a good reminder on why it's so important to take the necessary steps to secure your coins. Don't leave a large amount of coins in the exchanges!!

Spread you coins into multiple hot/cold wallets. The threat is real with hackers stealing people's coins. Securing your coins is your responsibility. Great freedom comes with a greater responsibility.

Read more about the hack on coindesk:

https://www.coindesk.com/south-korean-bitcoin-exchange-declare-bankruptcy-hack/

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