Advertise
South Korea’s largest crypto exchange, Upbit, has frozen $1.77 million in assets tied to a recent hack while investigating the incident. The breach led to a temporary platform lockdown, suspending deposits and withdrawals as wallet systems were upgraded. The suspicious activity was detected on Solana network wallets. Upbit’s parent company, Dunamu, confirmed that the total $26.2 million stolen was covered using corporate reserves, ensuring that all users remain unaffected and face no direct losses from the hack.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Yes 
No 
