NUMBER OF THE DAY
This is how big the damage is from a hacking attack on South Korea’s largest crypto exchange, Upbit.
🍳 Hack o’clock: On Thursday at 4:42 a.m., Solana-related assets worth 54 billion KRW were transferred to an unauthorized wallet.
👛 Upbit covers the loss: Operator Dunamu will reimburse the full amount from its own funds. Deposits and withdrawals are temporarily suspended as a comprehensive security review is underway.
Watch: The incident hits Korea’s crypto market at a bad moment. After several major hacks across Asia, pressure is mounting on exchanges to sharply tighten custody and cold-wallet security standards.
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