<div class="pull-left">https://steemitimages.com/DQmWtPo5cTcNp2ghu7mVmg8mHpAzurFNiHju1xyqovYT5vF/btc-guy2.png</div>
<h1> South Korean Exchange hacked for Millions</h1>
So, I'm awake and I see BTC go from 1850 to 17400...wtf is happening! I did like most of the market and moved my coins to keep safe from losses, then...bought btc at 17k. I mean...who wouldn't right?  I mean, btc was at ATHs!

Anyway enough of that. This is a series issue, BTC is way down this morning, and the reason for it... well, I found an answer on twitter, and after doing a bit more digging I can confirm that this is in fact truth to the tweet. 

<center>https://steemitimages.com/DQmVq3qcNeRkCrg98QNJdUZyAH7eHJwVyCiPVRd3apLPFBV/cryto-btc.jpg</center>


An article from reuters goes into deeper coverage of what is likely to be behind the dive in price of BTC, a South Korean exchange was hacked for Millions worth of BTC. So, a big thanks to CryptoPiep on Twitter for keeping the people up on what's actually happening. Don't panic! Hodl, or buy!! (don't take my advice, I'm a novice, I mean..yea, do you)

![hacker.password.jpg](https://steemitimages.com/DQmQAeGmdRjqXjsb9hJdji63A9FQk2XFxAoFPgkYcVKdteR/hacker.password.jpg)

The exchange that was hacked is Youbit. They have since announced that they will be closing their doors. This isn't the first time the exchange has been hacked, and knowing the crypto-universe, it's doubtful they would keep much support from traders with new South Korean exchanges like Upbit popping up in recent months. 

<hr>

[<i>source</i>](https://www.reuters.com/article/us-bitcoin-exchange-southkorea/south-korean-cryptocurrency-exchange-to-file-for-bankruptcy-after-hacking-idUSKBN1ED0NJ)