Crypto Exchange Upbit Hit By $36M Solana Exploit, On Anniversary Of Its 2019 Hack
Affected assets and topics
Why it 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.
Article tone
Expected market reaction
Market impact analysis based on bearish sentiment with 69% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 15670
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 ...
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on November 27, 2025. Analysis and insights provided by AnalystMarkets AI.