🚨 BREAKING — Major Upbit Solana Wallet Hack: ≈ $37 M Lost
Upbit disclosed a hot-wallet breach on the Solana network — about ₩54 billion (~US $36.8-$37 million) in SOL-ecosystem assets (SOL, USDC, BONK, JUP, RAY, ORCA, PYTH and more) were siphoned early today.
The exchange immediately froze deposits/withdrawals on Solana, moved all remaining assets to cold storage, and pledged to fully cover the loss so that no user funds are impacted.
😬 This incident highlights once again that even “top exchanges” remain vulnerable — hot-wallet security is still a major risk.
Watch: Solana network flow & withdrawal reinstatement timeline. Many will be watching how the hack affects SOL-ecosystem asset prices in coming days.
Tags: #UpbitHack #Solana #CryptoSecurity #CryptoNews
📈 MARKET UPDATE — Bitcoin (BTC) Reclaims $90,000; Overall Market Shows Relief Bounce
Bitcoin climbed past $90,900 today, lifting market sentiment after a volatile stretch.
Major altcoins including Ethereum (ETH), XRP, Solana (SOL) and others saw modest gains — signalling a possible short-term rebound.
What this means: After recent shake-outs and security scares (like the Upbit hack), some traders appear to be re-entering — but volatility remains high. Keep an eye on volume and network-wide reactions over the next 24–48 hours.
Tags: #Bitcoin #CryptoRecovery #Altcoins #MarketUpdate
🧊 Crypto Security Spotlight — Why Centralized Exchanges Still Pose Risk
The Upbit hack serves as a reminder: even big exchanges aren’t immune. Hot-wallet compromises remain one of the crypto world’s persistent vulnerabilities.
✅ While Upbit says user funds are safe (covered by their reserves), events like this shake investor confidence — especially in smaller SOL-based tokens and DeFi / memecoin ecosystems.
Tags: #CryptoSecurity #ExchangeRisk #DeFi #Solana #BinanceAlphaAlert $BTC $BNB $SOL
