CoinOtag
2025-11-27 06:36:16

Upbit Faces $36 Million Loss in Suspected Solana Network Security Breach

South Korea's largest crypto exchange, Upbit, experienced a security breach on the Solana network, resulting in unauthorized withdrawals of about $36 million in assets. The platform halted services, shifted funds to cold storage, and committed to fully compensating affected users without impacting their holdings. Upbit detected irregular transfers from a compromised hot-wallet at around 4:42 [...]

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