Altcoins News
By James Thorp
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Upbit Locks Down Solana Services After Identifying Irregular Withdrawals. The breach was detected on Thursday morning after Upbit’s system flagged abnormal outgoing…
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A Breach Overshadowing a Historic Collaboration. The incident has an added layer of irony: the breach landed on what was meant to be a landmark day…
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An Unsettling Reminder of 2019. For longtime Upbit users, the latest breach evokes memories of one of South Korea’s most infamous…
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Renewed Questions About Hot Wallet Security. The latest incident has intensified industry-wide discussion about the role of hot wallets in…
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Users Await Full Service Restoration. While Upbit’s quick reaction has been praised by some security experts, customers continue to wait…
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Upbit, South Korea’s largest cryptocurrency exchange by trading volume, is under intense scrutiny after confirming unauthorized withdrawals of Solana-based assets totaling nearly…
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Instead of becoming a milestone moment for Dunamu’s expansion plans, the exchange found itself rushing to reassure users and contain the damage from one of the most serious…
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The breach was detected on Thursday morning after Upbit’s system flagged abnormal outgoing transactions involving Solana-ecosystem tokens.
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The exchange moved quickly to suspend all deposits and withdrawals for assets linked to the Solana network.
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Security analysts observing the situation said Upbit’s response appeared timely and strategic, prioritizing user balance protection while forensic teams investigated how the…
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For months, Dunamu positioned this collaboration as a turning point in its global ambitions.
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While the estimated loss of 54 billion KRW is significant, experts noted that it remains smaller than several record-breaking exchange breaches seen in past global hacking…
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In a written statement, Upbit confirmed it had calculated the exact sum of lost assets and reassured customers that the company would “fully cover the loss with Upbit’s own…
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Korean authorities spent years investigating that case before officially concluding in late 2024 that North Korean groups Lazarus and Andariel were responsible.
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About 57% of the stolen ETH was reportedly converted into Bitcoin using three cryptocurrency exchanges created by the attackers themselves before the funds were liquidated.
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