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South Korean Cryptocurrency Exchange Upbit Was Hacked, with Approximately $369 Million Worth of Tokens Transferred to Unknown Wallets.
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South Korean crypto exchange Upbit reports $30 million theft — hack discovered hours after country’s largest search engine announced $10 billion acquisition of crypto platform's parent company
The largest South Korean crypto platform was hit by a hack just hours after a massive deal to acquire it was announced.
#Cryptocurrency South Korea's largest cryptocurrency exchange, UPBIT, suffered a hack that resulted in a loss of 54 billion won (approximately $369 million) in tokens. However, 12 billion won worth of tokens have been successfully frozen. UPBIT stated that all losses will be borne by the exchange.
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