Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar
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- Upbit detected an abnormal $37M Solana-asset outflow, immediately halting all user transactions.
- Exchange has shifted digital assets into secure cold wallets to block further unauthorized access.
- On-chain freezing efforts began, successfully locking ₩12 billion in LAYER tokens so far.
Upbit, South Korea’s dominant cryptocurrency exchange, has confirmed a security breach resulting in the unauthorized transfer of approximately $37 million (54 billion KRW) in Solana-network assets. The exchange has immediately suspended all deposits and withdrawals on the Solana network while placing its infrastructure under emergency audit.
A Sudden Drain of Assets
At 4:42 a.m. KST, Upbit’s systems detected an abnormal outflow of a large basket of Solana-ecosystem tokens, including SOL, BONK, JUP, RAY, ORCA, RENDER, PYTH, TRUMP, USDC, and more than a dozen others. These ass…
Read The Full Article Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar On Coin Edition.
In This News
Coins
$ 0.99991
+0.02%
$ 137.08
-1.68%
$ 1.79
+1.06%
$ 1.10
-1.40%
$ 1.32
+1.28%
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In This News
Coins
$ 0.99991
+0.02%$ 137.08
-1.68%$ 1.79
+1.06%$ 1.10
-1.40%$ 1.32
+1.28%Share:
Read More
North Korea’s Lazarus Group Linked to $37M Upbit Hack, Timing Clashes with $10B Naver Deal
Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist
Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar
Share:
- Upbit detected an abnormal $37M Solana-asset outflow, immediately halting all user transactions.
- Exchange has shifted digital assets into secure cold wallets to block further unauthorized access.
- On-chain freezing efforts began, successfully locking ₩12 billion in LAYER tokens so far.
Upbit, South Korea’s dominant cryptocurrency exchange, has confirmed a security breach resulting in the unauthorized transfer of approximately $37 million (54 billion KRW) in Solana-network assets. The exchange has immediately suspended all deposits and withdrawals on the Solana network while placing its infrastructure under emergency audit.
A Sudden Drain of Assets
At 4:42 a.m. KST, Upbit’s systems detected an abnormal outflow of a large basket of Solana-ecosystem tokens, including SOL, BONK, JUP, RAY, ORCA, RENDER, PYTH, TRUMP, USDC, and more than a dozen others. These ass…
Read The Full Article Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar On Coin Edition.
In This News
Coins
$ 0.99991
+0.02%$ 137.08
-1.68%$ 1.79
+1.06%$ 1.10
-1.40%$ 1.32
+1.28%Share:
In This News
Coins
$ 0.99991
+0.02%$ 137.08
-1.68%$ 1.79
+1.06%$ 1.10
-1.40%$ 1.32
+1.28%Share:
Read More
North Korea’s Lazarus Group Linked to $37M Upbit Hack, Timing Clashes with $10B Naver Deal