As you may recall back in April Youbit - formerly known as Yapizon- was hacked and 3816 Bitcoin worth $5.3 Million at the time were stolen. Well, it happened again folks. The Seoul Korean firm was forced to shut down earlier this morning after Hackers stole "17% of Youbit's cryptocurrency" in the attack. Based on calculations, roughly half of the 37% of the coins that were stolen the first time but worth a significantly more.
One of the best ways to protect your cryptocurrency assets is save them in hardware wallets such as the Ledger Nano S or the Trezor that offer superior security services for those worried about losing coins stored in mobile wallets like Coinbase.
Read more about that here and keep an eye out for startups that will be coming out of stealth in the next months aimed at addressing mobile cryptocurrency security options. More on that later.
