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Upbit was attacked in the early morning: 36.81 million USD in Solana assets stolen, emergency suspension of service and transfer to cold wallet.

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[Chain News] South Korea's leading exchange Upbit encountered a security incident this morning.

Around 4:42 AM local time on November 27, the platform detected the transfer of approximately 54 billion KRW, equivalent to 36.81 million USD, of Solana ecosystem assets to an unknown wallet address, identified as (. The assets transferred cover 24 cryptocurrencies, including mainstream tokens such as SOL, USDC, JUP, BONK, RENDER, PYTH, JTO, as well as recently popular tokens like TRUMP, PENGU, and MOODENG.

After the incident, Upbit urgently suspended operations, halted all deposit and withdrawal functions, and initiated a comprehensive investigation. The platform has currently taken three measures: • All remaining assets have been transferred to cold wallet isolation. • Contact the blockchain network to attempt to freeze the stolen assets. • Cooperate with law enforcement agencies to conduct investigations.

The official has not yet disclosed the specific reasons for the theft and the subsequent compensation plan, and the recovery time for deposit and withdrawal services is yet to be determined. Details such as whether user assets were damaged and the management process of hot wallet private keys still need further clarification.

SOL-1.52%
USDC-0.01%
JUP-0.85%
BONK-1.27%
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HodlVeteranvip
· 19h ago
36 million just disappeared like that, I said not to put all your eggs in one basket. --- Again it's the Solana ecosystem, this tuition fee really hurts. --- I've long said that exchanges are high-risk zones, Cold Wallets are the way to go. --- Hey, isn't this just a version of when I got played for suckers by the exchange years ago... --- 54 billion won sounds pretty scary, but that's just the daily routine in the crypto world, everyone. --- There should be quite a few who rushed to run away, this wave is going to make someone rekt again. --- Be careful when entering a position, brothers, the risk of exchanges is greater than market risk. --- Upbit has always claimed to be the safest, but it seems that's just how it is. --- Suckers' hard-earned money has been washed away again, remember this next time. --- The all-in crowd should be crying, I'll just honestly hodl BTC.
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