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Crypto Exchange Upbit Hit By $36M Solana Exploit, On Anniversary Of Its 2019 Hack
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Why This Matters
South Korea's largest crypto exchange Upbit has been hit by a $36M Solana exploit, with the company promising to fully reimburse customers. The hack occurred on the anniversary of a 2019 hack on the platform. The company has taken swift action to address the issue.
Market Impact
Market impact analysis based on bearish sentiment with 69% confidence.
Sentiment
Bearish
AI Confidence
69%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
South Korea’s largest crypto exchange Upbit has revealed a hack worth about 54b won, or roughly $36m, on the Solana network and pledged to fully reimburse customers after tokens were siphoned to an unknown wallet early on Thursday.Oh Kyung-seok, CEO of Dunamu, which operates Upbit, said the platform moved quickly ...
Original article published by
Unknown
on November 27, 2025.
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