Ismeidy
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Alarm in Seoul!
Upbit, the Korean Giant, has suffered a hack
$36.8 Million in Tokens of #solana Stolen in the Early Morning
The Asian cryptocurrency market woke up to shocking news: Upbit, the leading exchange in South Korea, has suffered an "abnormal" withdrawal of assets worth approximately $36.8 million (54.000 billion won).
The incident occurred around 4:42 a.m. (Korea time) on Thursday.
Target: Solana Network: The attack focused on a variety of tokens within the Solana ecosystem, including its own #sol and a long list of assets such as #JUP , #PYTH , #render , BONK, USDC, and JTO, which were withdrawn to an unidentified external wallet.
Rapid Containment Response: Upon detecting the leak, Upbit immediately suspended all deposits and withdrawals. The platform has transferred 100% of the remaining assets to a cold wallet to secure its users' capital.
Partial Recovery: The firm reported initial success in freezing $8.18 million of the stolen LAYER tokens, and is coordinating with other projects and authorities to freeze the rest of the funds.
Total Compensation Guarantee: In a crucial statement for market confidence, Upbit promised that it will compensate users for the full amount of their losses using its own reserves, ensuring that no one will suffer personal harm.
Unknown Point of Entry: For now, the platform has not revealed the technical details of the hack or the exact point through which the attackers gained entry.
$SOL
{spot}(SOLUSDT)
$ORCA
{spot}(ORCAUSDT)
$JUP
{spot}(JUPUSDT)
Upbit, the Korean Giant, has suffered a hack
$36.8 Million in Tokens of #solana Stolen in the Early Morning
The Asian cryptocurrency market woke up to shocking news: Upbit, the leading exchange in South Korea, has suffered an "abnormal" withdrawal of assets worth approximately $36.8 million (54.000 billion won).
The incident occurred around 4:42 a.m. (Korea time) on Thursday.
Target: Solana Network: The attack focused on a variety of tokens within the Solana ecosystem, including its own #sol and a long list of assets such as #JUP , #PYTH , #render , BONK, USDC, and JTO, which were withdrawn to an unidentified external wallet.
Rapid Containment Response: Upon detecting the leak, Upbit immediately suspended all deposits and withdrawals. The platform has transferred 100% of the remaining assets to a cold wallet to secure its users' capital.
Partial Recovery: The firm reported initial success in freezing $8.18 million of the stolen LAYER tokens, and is coordinating with other projects and authorities to freeze the rest of the funds.
Total Compensation Guarantee: In a crucial statement for market confidence, Upbit promised that it will compensate users for the full amount of their losses using its own reserves, ensuring that no one will suffer personal harm.
Unknown Point of Entry: For now, the platform has not revealed the technical details of the hack or the exact point through which the attackers gained entry.
$SOL
{spot}(SOLUSDT)
$ORCA
{spot}(ORCAUSDT)
$JUP
{spot}(JUPUSDT)
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SOL
132.39
-0.39%