Bitcoin exchange Youbit shutdowns services after it was hacked second time in the same year within eight months.

The first incident occurs in April, and the company lost 4,000 bitcoins which worth $74 million today. Youbit said the loss percentage is less when compared to April incident.

Youbit says all the coin and cash transactions suspended at 12:00 pm on December 19, 2017, and the settlement will be done based on the bankruptcy procedures, according to their statement.

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