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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.
[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.