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Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar


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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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North Korea’s Lazarus Group Linked to $37M Upbit Hack, Timing Clashes with $10B Naver Deal

North Korea’s Lazarus Group Linked to $37M Upbit Hack, Timing Clashes with $10B Naver Deal

South Korean authorities have launched a high-level probe into the security breach at...
Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist

Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist

South​‍​‌‍​‍‌​‍​‌‍​‍‌ Korean law enforcers are investigating out if North Korea’s not...

Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar


Coin Edition
для CoinEdition
Upbit Confirms $37M Hack: Exchange Says It Will Cover Every Lost Dollar

Поделиться:

  • 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.

Читать материал на CoinEdition

В этой новости

Монеты

$ 0.99989

+0.01%

$ 137.27

-2.25%

$ 1.79

+0.62%

$ 1.10

-1.92%

$ 1.30

+0.07%

Фонды

Поделиться:

В этой новости

Монеты

$ 0.99989

+0.01%

$ 137.27

-2.25%

$ 1.79

+0.62%

$ 1.10

-1.92%

$ 1.30

+0.07%

Фонды

Поделиться:

Читать больше

North Korea’s Lazarus Group Linked to $37M Upbit Hack, Timing Clashes with $10B Naver Deal

North Korea’s Lazarus Group Linked to $37M Upbit Hack, Timing Clashes with $10B Naver Deal

South Korean authorities have launched a high-level probe into the security breach at...
Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist

Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist

South​‍​‌‍​‍‌​‍​‌‍​‍‌ Korean law enforcers are investigating out if North Korea’s not...