Upbit Raises Security to New Heights!
After the recent breach in November 2025 that resulted in a loss of around 30-36 million dollars from a hot wallet on Solana, Upbit (the largest exchange in South Korea) announced that it will transfer **99%** of user assets to cold storage wallets that are not connected to the internet!
Hot wallets will be less than 1% (almost zero), which means stronger protection against cyber attacks.
Upbit was already at 98.33% cold storage, and now it surpasses global platforms like Coinbase (98%) and Kraken (95-97%).
