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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 $37M Hack: Exchange Says It Will Cover Every Lost Dollar On Coin Edition.
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$ 125.82
-0.03%
$ 1.30
+0.84%
$ 0.924
+0.99%
$ 1.14
+5.18%
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Coins
$ 0.99982
-0.01%$ 125.82
-0.03%$ 1.30
+0.84%$ 0.924
+0.99%$ 1.14
+5.18%Share:
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Uniswap vote, U.S. GDP: Crypto Week Ahead
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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
$ 0.99982
-0.01%$ 125.82
-0.03%$ 1.30
+0.84%$ 0.924
+0.99%$ 1.14
+5.18%Share:
In This News
Coins
$ 0.99982
-0.01%$ 125.82
-0.03%$ 1.30
+0.84%$ 0.924
+0.99%$ 1.14
+5.18%Share:
Read More
Uniswap vote, U.S. GDP: Crypto Week Ahead