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Upbit hit with $36M Solana hot wallet breach day after $10B Naver deal
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Why This Matters
Upbit, a major South Korean cryptocurrency exchange, has been hit with a $36 million breach of its Solana hot wallet, coinciding with its parent company Dunamu's $10 billion acquisition deal with Naver and plans for an initial public offering in the US.
Market Impact
Market impact analysis based on bearish sentiment with 57% confidence.
Sentiment
Bearish
AI Confidence
57%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The breach occurred as Upbit’s parent company, Dunamu, sealed a $10 billion acquisition deal with Naver and plans an initial public offering in the US.
Original article published by
Unknown
on November 27, 2025.
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Analysis and insights provided by AnalystMarkets AI.