CoinVoice has learned that, according to FN News, the operating company of the South Korean cryptocurrency exchange Upbit, Dunamu, has frozen damaged assets worth 2.6 billion won (approximately 1.77 million USD). Upbit is advancing the follow-up process to safely recover the frozen assets.

Currently, Upbit is utilizing its self-developed on-chain automatic tracking service (OTS) to trace the paths of virtual assets transferred to external parties. At the same time, it is actively cooperating with global cryptocurrency exchanges to block further transfers of assets. A relevant person from Upbit stated: 'Although all damaged assets of customers have been compensated by Upbit's own assets, we still persistently track and freeze to prevent assets from falling into the hands of attackers. To build a secure cryptocurrency asset ecosystem, we urge global cryptocurrency exchanges and the blockchain community to cooperate actively.'

On the other hand, Upbit has resumed all virtual asset deposit and withdrawal services on the 6th after replacing all virtual asset wallets and strengthening security measures. It was previously reported that Upbit confirmed a loss of over 44.5 billion won due to the theft of its hot wallet, and the CEO issued an apology letter.[Original link]