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upbithack

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BTCdrama
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Hey fam! 🚨 We've got some important news from the crypto world. On November 27, 2025, the South Korean exchange Upbit faced a security incident, with approximately $30.43 million in Solana-based assets unfortunately being stolen from their hot wallets. This happened early in the morning, around 4:00 AM local time. It's never easy to hear about such events, but here's the good part: Upbit acted swiftly! They immediately halted all deposits and withdrawals and moved all remaining assets to secure cold storage to prevent any further issues. 🙌 What's even more reassuring for their users is that Upbit has publicly committed to fully reimbursing all affected users from their own corporate funds. That's a huge relief for many! 😌 Investigations are already underway, and sadly, the notorious North Korean Lazarus Group is being eyed as the prime suspect, echoing a similar incident back in 2019. The stolen Solana assets, including $SOL , $USDC , $BONK , and JUP, were reportedly quickly moved and converted into Ethereum. Upbit has since addressed the root cause, acknowledging a vulnerability in their wallet system that could have exposed private keys. They've confirmed that this critical issue has been resolved. While the broader market reaction for Solana (SOL) itself remained relatively stable, showing resilience, incidents like these are a stark reminder of the importance of robust security in our digital asset journey. South Korean regulators are also on the case, conducting on-site inspections. Let's stay vigilant and prioritize security! 💪 #CryptoSecurity #UpbitHack #solana #CryptoNews #StaySafe
Hey fam! 🚨 We've got some important news from the crypto world. On November 27, 2025, the South Korean exchange Upbit faced a security incident, with approximately $30.43 million in Solana-based assets unfortunately being stolen from their hot wallets. This happened early in the morning, around 4:00 AM local time. It's never easy to hear about such events, but here's the good part: Upbit acted swiftly! They immediately halted all deposits and withdrawals and moved all remaining assets to secure cold storage to prevent any further issues. 🙌

What's even more reassuring for their users is that Upbit has publicly committed to fully reimbursing all affected users from their own corporate funds. That's a huge relief for many! 😌 Investigations are already underway, and sadly, the notorious North Korean Lazarus Group is being eyed as the prime suspect, echoing a similar incident back in 2019. The stolen Solana assets, including $SOL , $USDC , $BONK , and JUP, were reportedly quickly moved and converted into Ethereum.

Upbit has since addressed the root cause, acknowledging a vulnerability in their wallet system that could have exposed private keys. They've confirmed that this critical issue has been resolved. While the broader market reaction for Solana (SOL) itself remained relatively stable, showing resilience, incidents like these are a stark reminder of the importance of robust security in our digital asset journey. South Korean regulators are also on the case, conducting on-site inspections. Let's stay vigilant and prioritize security! 💪

#CryptoSecurity #UpbitHack #solana #CryptoNews #StaySafe
Upbit Hack: $36M Lost — What It Means for Solana, Exchanges & Trust in Crypto A major security breach has rocked the crypto world after Upbit confirmed a $36 million hack, triggering fresh concerns about exchange safety and network vulnerabilities. Investigations reveal that a compromised wallet allowed the attacker to drain millions in assets, with a portion of the movement traced through Solana-based addresses raising new questions about how cross-chain liquidity is being exploited by attackers. For Solana, the event doesn’t signal a protocol flaw, but it does highlight how its growing role in global liquidity flows makes it a preferred rail for fast-moving funds, both good and bad. For exchanges, the message is even louder: centralized custody is still a single-point-of-failure, and the pressure to upgrade hot-wallet security, monitoring, and real-time isolation systems is stronger than ever. And for the broader crypto market, the hack lands at a sensitive time. Trust is fragile. Regulation talks are intensifying. Every breach adds ammunition to those calling for stricter oversight. The Upbit incident isn’t just another hack it’s a reminder that as crypto scales, security must scale faster. #CryptoNews #UpbitHack #Solana #SecurityAlert #Blockchain
Upbit Hack: $36M Lost — What It Means for Solana, Exchanges & Trust in Crypto

A major security breach has rocked the crypto world after Upbit confirmed a $36 million hack, triggering fresh concerns about exchange safety and network vulnerabilities.

Investigations reveal that a compromised wallet allowed the attacker to drain millions in assets, with a portion of the movement traced through Solana-based addresses raising new questions about how cross-chain liquidity is being exploited by attackers.

For Solana, the event doesn’t signal a protocol flaw, but it does highlight how its growing role in global liquidity flows makes it a preferred rail for fast-moving funds, both good and bad.

For exchanges, the message is even louder:
centralized custody is still a single-point-of-failure, and the pressure to upgrade hot-wallet security, monitoring, and real-time isolation systems is stronger than ever.

And for the broader crypto market, the hack lands at a sensitive time. Trust is fragile. Regulation talks are intensifying. Every breach adds ammunition to those calling for stricter oversight.

The Upbit incident isn’t just another hack it’s a reminder that as crypto scales, security must scale faster.

#CryptoNews #UpbitHack #Solana #SecurityAlert #Blockchain
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The South Korean authorities named the main suspects in the Upbit hack.On November 27, 2025, one of the largest cyberattacks on a cryptocurrency exchange occurred: hackers stole crypto assets worth 44.5 billion won ($30.4 million) from Upbit, the largest platform in South Korea, mainly in Solana. The exchange promptly blocked deposits and withdrawals, transferring assets from hot wallets to cold ones, and promises full compensation for clients' losses.

The South Korean authorities named the main suspects in the Upbit hack.

On November 27, 2025, one of the largest cyberattacks on a cryptocurrency exchange occurred: hackers stole crypto assets worth 44.5 billion won ($30.4 million) from Upbit, the largest platform in South Korea, mainly in Solana. The exchange promptly blocked deposits and withdrawals, transferring assets from hot wallets to cold ones, and promises full compensation for clients' losses.
🚨 BREAKING: North Korea’s Lazarus Group Suspected in Massive $30M Upbit Hack Local intelligence points to Lazarus Group as the primary culprit behind the audacious $30 million breach — sending shockwaves across the crypto community. Cybersecurity teams are scrambling, exchanges are on high alert, and regulators may step in. This could spark a global crackdown on state-linked cyber attacks. Stay tuned for more updates. #UpbitHack #CryptoSecurity #LazarusGroup #cyberattack #BreakingNews" $BAT {spot}(BATUSDT) $BANANA {spot}(BANANAUSDT) $TURTLE {future}(TURTLEUSDT)
🚨 BREAKING: North Korea’s Lazarus Group Suspected in Massive $30M Upbit Hack

Local intelligence points to Lazarus Group as the primary culprit behind the audacious $30 million breach — sending shockwaves across the crypto community. Cybersecurity teams are scrambling, exchanges are on high alert, and regulators may step in. This could spark a global crackdown on state-linked cyber attacks.

Stay tuned for more updates. #UpbitHack #CryptoSecurity #LazarusGroup #cyberattack #BreakingNews"
$BAT
$BANANA
$TURTLE
UPBIT HACK UPDATE: North Korea's Lazarus Group Confirmed Behind $32M Upbit Breach Forensic analysis links wallet signatures to their 2019 attack on the SAME platform, ₩44.5B drained. ✅ CEO issued public apology ✅ Full user reimbursement guaranteed ✅ Authorities conducting on-site probe The Hard Truth: NOT YOUR KEYS, NOT YOUR CRYPTO. #cryptohack #Cryptonews #Upbit #upbithack $BTC
UPBIT HACK UPDATE: North Korea's Lazarus Group Confirmed Behind $32M Upbit Breach

Forensic analysis links wallet signatures to their 2019 attack on the SAME platform, ₩44.5B drained.

✅ CEO issued public apology
✅ Full user reimbursement guaranteed
✅ Authorities conducting on-site probe

The Hard Truth: NOT YOUR KEYS, NOT YOUR CRYPTO.

#cryptohack #Cryptonews #Upbit #upbithack $BTC
CryptoPatel
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Bearish
Upbit has been hacked: 54B KRW (~$36.8M) in assets on #Solana were drained and moved into unknown wallets.

This is not a small breach… this is a full-scale exploit unfolding in real time. Stay alert.

$SOL
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Bullish
🚨 UPBIT HACK UPDATE, LAZARUS MAY BE BACK Alert 🚨 🚨 🚨 🚨 📰 🗞️ 📰 🗞️ 📰 Key updates: • Hack size confirmed: ₩44.5B KRW ($36M) • Target: Solana hot wallet, multiple $SOL ecosystem tokens drained • Lazarus Group now suspected, same actors from Upbit’s 2019 $ETH theft • Attack pattern used: hopping and mixing to scramble traceability Self-custody or CEX, where do you feel safer. 👀👀 👁️ 👁️ 👁️ 👁️ Every hack is a reminder ⏰ Not your wallet = not your protection {future}(ETHUSDT) {future}(SOLUSDT) ​#CryptoSecurity ​#UpbitHack ​#LazarusGroup ​#SelfCustody ​#Solana
🚨 UPBIT HACK UPDATE, LAZARUS MAY BE BACK Alert 🚨 🚨 🚨 🚨 📰 🗞️ 📰 🗞️ 📰

Key updates:

• Hack size confirmed: ₩44.5B KRW ($36M)

• Target: Solana hot wallet, multiple $SOL ecosystem tokens drained

• Lazarus Group now suspected, same actors from Upbit’s 2019 $ETH theft

• Attack pattern used: hopping and mixing to scramble traceability

Self-custody or CEX, where do you feel safer. 👀👀 👁️ 👁️ 👁️ 👁️

Every hack is a reminder ⏰
Not your wallet = not your protection
#CryptoSecurity
#UpbitHack
#LazarusGroup
#SelfCustody
#Solana
North Korea’s Lazarus Group Suspected In $30M Upbit Hack$BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) North Korea’s notorious Lazarus Group is suspected of stealing about $30.6 million from Upbit, the largest crypto exchange in South Korea.  That’s according to a Nov. 28 report by Yonhap News Agency that cited anonymous government and industry sources as saying they are increasingly confident the recent incident was orchestrated by the Lazarus Group, which has been linked to some of the biggest hacks in crypto’s history.  Upbit said it would reimburse customers whose assets were stolen in the incident using its own reserves. Trading activities on the platform are still active but investors are unable to add or remove assets from the platform until the investigation is completed.  The sources said the authorities are getting ready to perform an on-site inspection of Upbit. News of the hack came shortly after Naver announced a $10.3 billion acquisition of Upbit’s parent, Dunamu, via an all-stock deal. #Upbit #NorthKoreaHackers #UpbitHack
North Korea’s Lazarus Group Suspected In $30M Upbit Hack$BTC
$ETH

North Korea’s notorious Lazarus Group is suspected of stealing about $30.6 million from Upbit, the largest crypto exchange in South Korea. 

That’s according to a Nov. 28 report by Yonhap News Agency that cited anonymous government and industry sources as saying they are increasingly confident the recent incident was orchestrated by the Lazarus Group, which has been linked to some of the biggest hacks in crypto’s history. 

Upbit said it would reimburse customers whose assets were stolen in the incident using its own reserves. Trading activities on the platform are still active but investors are unable to add or remove assets from the platform until the investigation is completed. 

The sources said the authorities are getting ready to perform an on-site inspection of Upbit.

News of the hack came shortly after Naver announced a $10.3 billion acquisition of Upbit’s parent, Dunamu, via an all-stock deal. #Upbit #NorthKoreaHackers #UpbitHack
Upbit Hack Under Investigation: All Eyes on Lazarus Group 🔍💥 #UpbitHack South Korea is tightening the screws after the recent Upbit security breach, and investigators are now zeroing in on the notorious Lazarus Group — a hacker collective widely believed to be linked to North Korea. Early findings suggest their involvement in the attack that drained roughly US$30.4 million from the exchange, sending shockwaves across the Asian crypto market. Authorities are treating the incident as a high-level, state-backed cybercrime, pushing for deeper digital forensics and international coordination. For traders and exchanges, this is another loud reminder: security matters more than ever, and even top platforms aren’t immune to advanced, targeted exploits. As the probe intensifies, the global crypto community is watching closely — because when Lazarus shows up, the stakes are never small. #CryptoSecurity $BTC {spot}(BTCUSDT)
Upbit Hack Under Investigation: All Eyes on Lazarus Group 🔍💥

#UpbitHack South Korea is tightening the screws after the recent Upbit security breach, and investigators are now zeroing in on the notorious Lazarus Group — a hacker collective widely believed to be linked to North Korea. Early findings suggest their involvement in the attack that drained roughly US$30.4 million from the exchange, sending shockwaves across the Asian crypto market.

Authorities are treating the incident as a high-level, state-backed cybercrime, pushing for deeper digital forensics and international coordination. For traders and exchanges, this is another loud reminder: security matters more than ever, and even top platforms aren’t immune to advanced, targeted exploits.

As the probe intensifies, the global crypto community is watching closely — because when Lazarus shows up, the stakes are never small.

#CryptoSecurity $BTC
See original
Upbit Exchange Hack: North Korean Hackers Back in the Game?In November 2025, one of the largest cryptocurrency exchanges in South Korea, Upbit, became the victim of a massive cyberattack. Hackers stole cryptocurrency worth approximately 45 billion won (about 30 million USD), mainly in tokens based on Solana. This is not the first incident for the platform: in 2019, criminals stole 42 million dollars in Ethereum, and North Korean hackers were also suspected then.

Upbit Exchange Hack: North Korean Hackers Back in the Game?

In November 2025, one of the largest cryptocurrency exchanges in South Korea, Upbit, became the victim of a massive cyberattack. Hackers stole cryptocurrency worth approximately 45 billion won (about 30 million USD), mainly in tokens based on Solana. This is not the first incident for the platform: in 2019, criminals stole 42 million dollars in Ethereum, and North Korean hackers were also suspected then.
🚨 BREAKING: $30M Hack Rocks Solana Ecosystem! 🚨 Volatility Alert for the next few minutes! 📉 Reports confirm a major security breach at Upbit, with ~44.5 Billion KRW (~$30M) in assets stolen. The hack specifically targeted Solana-network assets. ⚠️ Impacted Tokens: Suspected stolen assets include $JUP, $BONK, and $SOL. Upbit has suspended deposits and withdrawals for these assets. Why it matters NOW: Contagion Risk: Fear of hackers dumping stolen tokens on-chain is driving immediate sell pressure. Arbitrage Trap: With deposits paused, huge price gaps may form between Upbit and global markets. Stay alert and watch your leverage! The next hour will be critical. 🛡️ #UpbitHack #solana #JUP #CryptoNews #BinanceSquare $SOL {future}(SOLUSDT) $BTC
🚨 BREAKING: $30M Hack Rocks Solana Ecosystem! 🚨
Volatility Alert for the next few minutes! 📉 Reports confirm a major security breach at Upbit, with ~44.5 Billion KRW (~$30M) in assets stolen. The hack specifically targeted Solana-network assets. ⚠️
Impacted Tokens: Suspected stolen assets include $JUP, $BONK, and $SOL . Upbit has suspended deposits and withdrawals for these assets.
Why it matters NOW:
Contagion Risk: Fear of hackers dumping stolen tokens on-chain is driving immediate sell pressure.
Arbitrage Trap: With deposits paused, huge price gaps may form between Upbit and global markets.
Stay alert and watch your leverage! The next hour will be critical. 🛡️
#UpbitHack #solana #JUP #CryptoNews #BinanceSquare

$SOL
$BTC
🚨 Breaking: Upbit Hit by $36M Hack on Solana Wallet! 🚨 South Korea's top crypto exchange, Upbit, just suffered a major security breach, losing around 54 billion won (~$36-38M) in Solana ecosystem assets like SOL, USDC, TRUMP, BONK, and JUP from their hot wallet. They've halted all deposits/withdrawals and moved funds to cold storage for safety. CEO promises full coverage for users—no losses on your end. This is the biggest incident since their 2019 Ethereum hack. Reminder: Always use hardware wallets and enable 2FA, folks! Crypto security is no joke. What do you think—will this shake investor confidence in Korean exchanges? Drop your thoughts below. #UpbitHack #CryptoSecurity #Solana $SOL {spot}(SOLUSDT) $JUP $TRUMP
🚨 Breaking: Upbit Hit by $36M Hack on Solana Wallet! 🚨

South Korea's top crypto exchange, Upbit, just suffered a major security breach, losing around 54 billion won (~$36-38M) in Solana ecosystem assets like SOL, USDC, TRUMP, BONK, and JUP from their hot wallet. They've halted all deposits/withdrawals and moved funds to cold storage for safety.

CEO promises full coverage for users—no losses on your end. This is the biggest incident since their 2019 Ethereum hack.

Reminder: Always use hardware wallets and enable 2FA, folks! Crypto security is no joke.

What do you think—will this shake investor confidence in Korean exchanges? Drop your thoughts below.

#UpbitHack #CryptoSecurity #Solana $SOL
$JUP $TRUMP
Upbit a South Korean cryptocurrency exchange has been hacked — 54B KRW (~36.8M USD) in assets on #solana have been transferred to unknown wallets. #UpbitHack
Upbit a South Korean cryptocurrency exchange has been hacked — 54B KRW (~36.8M USD) in assets on #solana have been transferred to unknown wallets.
#UpbitHack
### Breaking: Upbit Exchange Hit by $37M Solana Hack – Full Customer Reimbursement Promised🚨 Major Alert: South Korea's largest crypto exchange, Upbit (operated by Dunamu), has confirmed a significant security breach on its Solana network wallet. Hackers siphoned off approximately 54 billion KRW (~$37 million USD) in various Solana-based tokens early this morning (around 4:42 AM KST on November 27, 2025). This marks the exchange's biggest incident since the 2019 Ethereum theft linked to North Korean hackers, eerily occurring almost exactly six years later. #### What Happened? - The Breach: Abnormal withdrawal activity was detected from Upbit's hot wallet to an unknown external address. Funds were quickly moved across chains, making tracing challenging. - Affected Tokens: A wide range of Solana ecosystem assets were drained, including: - Major ones: SOL, USDC, BONK, JUP, ORCA, PYTH, RAY, RENDER. - Others: 2Z (Double Zero), ACS (Access Protocol), DOOD (Doodles), DRIFT, HUMA, IO, JTO (Jupiter), LAYER (Solayer), ME (Magic Eden), MEW (Cat in a Dog World), MOODENG (Moo Deng), PENGU (Peng), SONIC, SOON, TRUMP (Official Trump), W (Wormhole). - Immediate Response: Upbit halted all deposits and withdrawals platform-wide (not just Solana) to contain the damage. They've isolated affected wallets, moved remaining assets to cold storage, and frozen ~$8.2M in LAYER tokens via on-chain efforts. A comprehensive audit is underway with authorities and affected projects. #### Key Assurance: No Losses for Users Upbit's CEO, Oh Kyung-seok, emphasized in official notices: "We will cover the entire amount with Upbit's assets to ensure no damage to members' assets." The exchange is using its reserve funds for full compensation – a strong move to rebuild trust amid the chaos. #### Broader Impact - Market Reaction: Some low-cap Solana tokens saw brief price spikes post-announcement, likely due to speculation. Bitcoin and ETH dipped slightly, but Solana (SOL) held steady around $150. - Regulatory Scrutiny: Korea's financial watchdog is probing Upbit for potential reporting delays, with unconfirmed rumors of a 3-month freeze on new sign-ups. - Historical Context: This follows Upbit's merger with Naver Corp yesterday, highlighting vulnerabilities in centralized exchanges despite post-2019 upgrades. Upbit's quick transparency is commendable, but it underscores the ongoing risks in crypto. Stay safe – enable 2FA, use hardware wallets, and monitor your accounts. If you're an Upbit user, check their customer center for updates. #UpbitHack #solana #CryptoSecurity #Web3 (Sources: Official Upbit announcements via Dunamu, on-chain data from explorers, and real-time reports.)

### Breaking: Upbit Exchange Hit by $37M Solana Hack – Full Customer Reimbursement Promised

🚨 Major Alert: South Korea's largest crypto exchange, Upbit (operated by Dunamu), has confirmed a significant security breach on its Solana network wallet. Hackers siphoned off approximately 54 billion KRW (~$37 million USD) in various Solana-based tokens early this morning (around 4:42 AM KST on November 27, 2025). This marks the exchange's biggest incident since the 2019 Ethereum theft linked to North Korean hackers, eerily occurring almost exactly six years later.

#### What Happened?
- The Breach: Abnormal withdrawal activity was detected from Upbit's hot wallet to an unknown external address. Funds were quickly moved across chains, making tracing challenging.
- Affected Tokens: A wide range of Solana ecosystem assets were drained, including:
- Major ones: SOL, USDC, BONK, JUP, ORCA, PYTH, RAY, RENDER.
- Others: 2Z (Double Zero), ACS (Access Protocol), DOOD (Doodles), DRIFT, HUMA, IO, JTO (Jupiter), LAYER (Solayer), ME (Magic Eden), MEW (Cat in a Dog World), MOODENG (Moo Deng), PENGU (Peng), SONIC, SOON, TRUMP (Official Trump), W (Wormhole).
- Immediate Response: Upbit halted all deposits and withdrawals platform-wide (not just Solana) to contain the damage. They've isolated affected wallets, moved remaining assets to cold storage, and frozen ~$8.2M in LAYER tokens via on-chain efforts. A comprehensive audit is underway with authorities and affected projects.
#### Key Assurance: No Losses for Users
Upbit's CEO, Oh Kyung-seok, emphasized in official notices: "We will cover the entire amount with Upbit's assets to ensure no damage to members' assets." The exchange is using its reserve funds for full compensation – a strong move to rebuild trust amid the chaos.
#### Broader Impact
- Market Reaction: Some low-cap Solana tokens saw brief price spikes post-announcement, likely due to speculation. Bitcoin and ETH dipped slightly, but Solana (SOL) held steady around $150.
- Regulatory Scrutiny: Korea's financial watchdog is probing Upbit for potential reporting delays, with unconfirmed rumors of a 3-month freeze on new sign-ups.
- Historical Context: This follows Upbit's merger with Naver Corp yesterday, highlighting vulnerabilities in centralized exchanges despite post-2019 upgrades.
Upbit's quick transparency is commendable, but it underscores the ongoing risks in crypto. Stay safe – enable 2FA, use hardware wallets, and monitor your accounts. If you're an Upbit user, check their customer center for updates.
#UpbitHack #solana #CryptoSecurity #Web3
(Sources: Official Upbit announcements via Dunamu, on-chain data from explorers, and real-time reports.)
🚨 BREAKING: Upbit Hacked for $37 Million South Korea’s crypto exchange Upbit has reported “abnormal withdrawals” on the Solana network, resulting in the loss of 54 billion KRW (~$36.8 million) around 04:42 KST. The exchange has reassured users that all customer funds will be fully covered from its reserves, aiming to prevent any impact on individual accounts. While security measures are being reviewed, this incident is a reminder of the risks in crypto storage and network vulnerabilities. Traders and investors are advised to stay vigilant. $SOL {spot}(SOLUSDT) $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) #UpbitHack #CryptoSecurity #Solana #CryptoNews #BinanceUpdates
🚨 BREAKING: Upbit Hacked for $37 Million

South Korea’s crypto exchange Upbit has reported “abnormal withdrawals” on the Solana network, resulting in the loss of 54 billion KRW (~$36.8 million) around 04:42 KST.

The exchange has reassured users that all customer funds will be fully covered from its reserves, aiming to prevent any impact on individual accounts.

While security measures are being reviewed, this incident is a reminder of the risks in crypto storage and network vulnerabilities. Traders and investors are advised to stay vigilant.

$SOL
$BTC
$ETH

#UpbitHack #CryptoSecurity #Solana #CryptoNews #BinanceUpdates
See original
Upbit Hack: South Korean Exchange Suspends Operations After Losing $36 MillionOn Wednesday, November 27, 2025, leading South Korean cryptocurrency exchange Upbit became a victim of a large-scale hack, resulting in the theft of assets worth about 54 billion won (approximately $36 million) in the form of Solana-based tokens from its hot wallet. This is the first significant security incident on the platform in the last six years, since the 2019 hack when $48 million worth of Ethereum was stolen.

Upbit Hack: South Korean Exchange Suspends Operations After Losing $36 Million

On Wednesday, November 27, 2025, leading South Korean cryptocurrency exchange Upbit became a victim of a large-scale hack, resulting in the theft of assets worth about 54 billion won (approximately $36 million) in the form of Solana-based tokens from its hot wallet. This is the first significant security incident on the platform in the last six years, since the 2019 hack when $48 million worth of Ethereum was stolen.
📰Upbit has been hit by a major security breach involving its Solana hot-wallet, with unauthorized withdrawals leading to an estimated loss of ₩54 billion (≈ $36–37M). The stolen assets include SOL, USDC, and several Solana-ecosystem tokens such as BONK, JUP, RAY, ORCA, PYTH, and more. Upbit immediately suspended all Solana-network deposits and withdrawals, and reassured users it will fully cover all customer losses using its own reserves. The incident highlights ongoing security risks for centralized exchanges — even top-tier platforms remain vulnerable when hot wallets are exposed. $SOL $JUP $PYTH #UpbitHack #CryptoSecurity #ExchangeRisk
📰Upbit has been hit by a major security breach involving its Solana hot-wallet, with unauthorized withdrawals leading to an estimated loss of ₩54 billion (≈ $36–37M).
The stolen assets include SOL, USDC, and several Solana-ecosystem tokens such as BONK, JUP, RAY, ORCA, PYTH, and more.
Upbit immediately suspended all Solana-network deposits and withdrawals, and reassured users it will fully cover all customer losses using its own reserves.
The incident highlights ongoing security risks for centralized exchanges — even top-tier platforms remain vulnerable when hot wallets are exposed.
$SOL $JUP $PYTH
#UpbitHack #CryptoSecurity #ExchangeRisk
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