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🚨 Gemini Hack Scandal Breakthrough
A suspect tied to the $243M Gemini creditors hack has reportedly been arrested in Dubai after blockchain sleuth ZachXBT tracked wallet movements 🔍
Funds traced → villa raid → arrest.
Crypto crime is running out of hiding places.
Stay updated — subscribe now!
#Crypto #Hack #Gemini #Security #bitinsider
A suspect tied to the $243M Gemini creditors hack has reportedly been arrested in Dubai after blockchain sleuth ZachXBT tracked wallet movements 🔍
Funds traced → villa raid → arrest.
Crypto crime is running out of hiding places.
Stay updated — subscribe now!
#Crypto #Hack #Gemini #Security #bitinsider
#hack #sol
❌ Popular Android chip found to be flawed – Solana smartphones at risk.
Ledger researchers hacked the MediaTek Dimensity 7300 using an electromagnetic attack, gaining full control of the device. The issue is in the boot ROM and cannot be fixed.
Key points:
• The vulnerability is embedded in the silicon itself and cannot be patched.
• The attack allows privilege escalation to the maximum level.
• Solana Seeker smartphones are equipped with the same chip and are vulnerable to the same hardware vulnerability.
• Storing private keys on smartphones with this chip is unsafe.
• Ledger reminds everyone that only secure-element chips in hardware wallets provide protection against such attacks.
❌ Popular Android chip found to be flawed – Solana smartphones at risk.
Ledger researchers hacked the MediaTek Dimensity 7300 using an electromagnetic attack, gaining full control of the device. The issue is in the boot ROM and cannot be fixed.
Key points:
• The vulnerability is embedded in the silicon itself and cannot be patched.
• The attack allows privilege escalation to the maximum level.
• Solana Seeker smartphones are equipped with the same chip and are vulnerable to the same hardware vulnerability.
• Storing private keys on smartphones with this chip is unsafe.
• Ledger reminds everyone that only secure-element chips in hardware wallets provide protection against such attacks.
🚨 $PEPE Website Alert
The official PEPE website has been hacked and is now redirecting users to malicious links. Security teams, including Blockaid, confirmed a front-end attack that injected Inferno Drainer a dangerous toolkit used for phishing and wallet theft.
⚠️ Do NOT connect your wallet or click any links from the site until an official fix is announced. Stay safe!
#PEPE
#marketcrash
#Hack
#Market_Update
#MarketSentimentToday
The official PEPE website has been hacked and is now redirecting users to malicious links. Security teams, including Blockaid, confirmed a front-end attack that injected Inferno Drainer a dangerous toolkit used for phishing and wallet theft.
⚠️ Do NOT connect your wallet or click any links from the site until an official fix is announced. Stay safe!
#PEPE
#marketcrash
#Hack
#Market_Update
#MarketSentimentToday
PEPE
Holding
Cumulative PNL
-25.8 USDT
umm Shaban:
Acha howa
In European Central Bank (ECB)’s recent 2025 guidance, there is a recommendation that households in the EU keep a small supply of cash at home to cover essential needs for a few days, in case of “systemic instability” that disrupts digital payments.
In Sweden and Norway authorities — recently, as of 2024–2025 — there have been advisories to citizens to hold some cash, in recognition of potential risks from cyber-attacks, digital payment disruptions, or other crises.
In Germany, the national civil-protection agency has urged households to prepare for emergencies (power outages, sabotage/cyberattacks) by storing basic supplies — including a certain amount of cash for contingency.
So for Sweden, Norway, Germany (and more broadly the EU via ECB), there is credible, documented advice for emergency-planning that includes having cash at home.$BTC $ETH #Hack #BTC86kJPShock
In Sweden and Norway authorities — recently, as of 2024–2025 — there have been advisories to citizens to hold some cash, in recognition of potential risks from cyber-attacks, digital payment disruptions, or other crises.
In Germany, the national civil-protection agency has urged households to prepare for emergencies (power outages, sabotage/cyberattacks) by storing basic supplies — including a certain amount of cash for contingency.
So for Sweden, Norway, Germany (and more broadly the EU via ECB), there is credible, documented advice for emergency-planning that includes having cash at home.$BTC $ETH #Hack #BTC86kJPShock
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🚨 Hacked for $9M: Is Yearn Finance under attack again?
☕️ The Yearn Finance project has fallen victim to an attack — according to PeckShield, the hacker managed to withdraw around $9 million.
😈 The vulnerability allowed the attacker to "print" an unlimited amount of yETH, after which he drained the pool in a single transaction.
🔥 What is known so far:
• A custom contract was attacked — a modified version of the stableswap code
• This contract is not related to other Yearn products
• The team has already started a full investigation
• According to Yearn, the other products in the ecosystem are safe 🚬
This means that it is not a global hack of the protocol, but rather a problem in a separate custom module — yet the amount of damage is still significant.
📉 Once again, DeFi reminds us: one unconventional contract can cost millions.
#defi #Hack #YearnFinance #CryptoNews
If this was helpful — subscribe to not miss the most important updates in crypto 😎
☕️ The Yearn Finance project has fallen victim to an attack — according to PeckShield, the hacker managed to withdraw around $9 million.
😈 The vulnerability allowed the attacker to "print" an unlimited amount of yETH, after which he drained the pool in a single transaction.
🔥 What is known so far:
• A custom contract was attacked — a modified version of the stableswap code
• This contract is not related to other Yearn products
• The team has already started a full investigation
• According to Yearn, the other products in the ecosystem are safe 🚬
This means that it is not a global hack of the protocol, but rather a problem in a separate custom module — yet the amount of damage is still significant.
📉 Once again, DeFi reminds us: one unconventional contract can cost millions.
#defi #Hack #YearnFinance #CryptoNews
If this was helpful — subscribe to not miss the most important updates in crypto 😎
See original
🚨🚩 THE ₿ITCOIN PLUMMETS TO US$ 86K 🩸
☠️ 🕸 YEARN FINANCE HACKED💥
🔺 DECEMBER IN THE CRYPTO MARKET BEGINS WITH BLOOD❗ 🩸
⚡ CRASH NOW
📉 Bitcoin ⥱ $BTC ⥱ -5.3% → US$ 86.075
🔻 Minimum: US$ 85.638
😱 November: -16%
🔥 THE CAUSE
Yearn Finance HACKED
Vulnerability in the yETH pool
💀 yETH tokens created WITHOUT COLLATERAL
📊 Artificially inflated supply
🏃 Mass exits
⚠️ Trust DESTROYED
💰 DOMINO EFFECT
📉 Ethereum: -5.7% → US$ 2.826
📉 XRP: -7.3% → US$ 2.03
📉 Solana: -7.5%
📉 Cardano: -8%
📉 Polygon: -6.5%
🏦 FED IN FOCUS
87% chance of a 0.25% cut (Dec 9-10)
Was 40% a week ago!
Donald $TRUMP Has chosen the next Fed president
(name not revealed)
🧠 LESSONS
⚠️ DeFi has vulnerabilities
💔 Trust is FRAGILE
🔐 Security > Yields
📊 One protocol can bring down the market
💡 CONTRAST
✅ Fed dovish positive
✅ Inflation improving
❌ Hack destroyed sentiment
❌ Capital fleeing DeFi
📈 LEVELS
🎯 Support: US$ 85k
⚠️ Next: US$ 82k
📊 Resistance: US$ 95k
🚀 Recovery: US$ 100k+
🔮 NEXT EVENTS
🎯 Fed Dec 9-10
💰 Jobs Friday
📊 Yearn Repair
🔐 Test DeFi trust
💭 NEVER FORGET
1️⃣ Don't put everything in 1 protocol
2️⃣ Security > APY
3️⃣ Hacks happen
4️⃣ Market is sensitive
⚡ STRATEGY
🎯 Wait for stabilization
📊 DCA US$ 85k-88k
🛡️ Active stop loss
🚀 Post-Fed rally
💬 AND YOU? Sold or ARE Buying?
💡 Disclaimer
⚠️ The channel @Leandro-Fumao 📜 Warns 📣 The information presented in this post is for educational and informational purposes only and should not be considered investment advice.
📚 Study before making any investment decision.
#bitcoin #BTC走势分析 #YearnFinance #Hack #Fed
☠️ 🕸 YEARN FINANCE HACKED💥
🔺 DECEMBER IN THE CRYPTO MARKET BEGINS WITH BLOOD❗ 🩸
⚡ CRASH NOW
📉 Bitcoin ⥱ $BTC ⥱ -5.3% → US$ 86.075
🔻 Minimum: US$ 85.638
😱 November: -16%
🔥 THE CAUSE
Yearn Finance HACKED
Vulnerability in the yETH pool
💀 yETH tokens created WITHOUT COLLATERAL
📊 Artificially inflated supply
🏃 Mass exits
⚠️ Trust DESTROYED
💰 DOMINO EFFECT
📉 Ethereum: -5.7% → US$ 2.826
📉 XRP: -7.3% → US$ 2.03
📉 Solana: -7.5%
📉 Cardano: -8%
📉 Polygon: -6.5%
🏦 FED IN FOCUS
87% chance of a 0.25% cut (Dec 9-10)
Was 40% a week ago!
Donald $TRUMP Has chosen the next Fed president
(name not revealed)
🧠 LESSONS
⚠️ DeFi has vulnerabilities
💔 Trust is FRAGILE
🔐 Security > Yields
📊 One protocol can bring down the market
💡 CONTRAST
✅ Fed dovish positive
✅ Inflation improving
❌ Hack destroyed sentiment
❌ Capital fleeing DeFi
📈 LEVELS
🎯 Support: US$ 85k
⚠️ Next: US$ 82k
📊 Resistance: US$ 95k
🚀 Recovery: US$ 100k+
🔮 NEXT EVENTS
🎯 Fed Dec 9-10
💰 Jobs Friday
📊 Yearn Repair
🔐 Test DeFi trust
💭 NEVER FORGET
1️⃣ Don't put everything in 1 protocol
2️⃣ Security > APY
3️⃣ Hacks happen
4️⃣ Market is sensitive
⚡ STRATEGY
🎯 Wait for stabilization
📊 DCA US$ 85k-88k
🛡️ Active stop loss
🚀 Post-Fed rally
💬 AND YOU? Sold or ARE Buying?
💡 Disclaimer
⚠️ The channel @Leandro-Fumao 📜 Warns 📣 The information presented in this post is for educational and informational purposes only and should not be considered investment advice.
📚 Study before making any investment decision.
#bitcoin #BTC走势分析 #YearnFinance #Hack #Fed
See original
⚠ Yearn Finance was exploited, losing 9 million USD in ETH
The yETH fund of Yearn Finance has just been exploited due to a vulnerability in the contract on Ethereum, resulting in a loss of about 9 million USD. The vulnerability allowed the attacker to create excess yETH tokens, reducing liquidity to almost zero and withdrawing all funds immediately, despite normal limits and audits.
The attacker transferred 1,000 ETH (~3 million USD) into Tornado Cash to cover their tracks, retaining about 6.2 million USD in other crypto including ETH, stETH, pXETH…
Source: PeckShieldAlert
#hack #ETH
The yETH fund of Yearn Finance has just been exploited due to a vulnerability in the contract on Ethereum, resulting in a loss of about 9 million USD. The vulnerability allowed the attacker to create excess yETH tokens, reducing liquidity to almost zero and withdrawing all funds immediately, despite normal limits and audits.
The attacker transferred 1,000 ETH (~3 million USD) into Tornado Cash to cover their tracks, retaining about 6.2 million USD in other crypto including ETH, stETH, pXETH…
Source: PeckShieldAlert
#hack #ETH
See original
🚨 ATTACK ON YEARN FINANCE: yETH EXPLOIT AND THEFT OF 3 MILLION DOLLARS 🚨
A new attack has struck the DeFi ecosystem: Yearn Finance's yETH product was exploited in a sophisticated exploit that allowed the attacker to mint almost unlimited amounts of yETH, draining the pool in a single transaction.
The estimated profit is around 1,000 ETH, equivalent to about 3 million dollars at the current exchange rate.
According to on-chain data, the operation involved several newly created smart contracts, all subsequently self-destructed to make tracking the funds more difficult.
A part of the loot has already been sent to Tornado Cash, the Ethereum mixer often used to obscure the origins of stolen funds.
Yearn Finance has confirmed that it is working to analyze the attack in detail.
The hack seems to have exclusively targeted the contract related to the yETH token, while the Yearn Vaults, both V2 and V3 versions, appear to be unaffected.
The incident reignites the debate on the security of DeFi protocols and the complexity of smart contracts, reminding us how even established projects like Yearn Finance remain exposed to ever-evolving technical vulnerabilities.
#YearnFinance #Hack #yETH
A new attack has struck the DeFi ecosystem: Yearn Finance's yETH product was exploited in a sophisticated exploit that allowed the attacker to mint almost unlimited amounts of yETH, draining the pool in a single transaction.
The estimated profit is around 1,000 ETH, equivalent to about 3 million dollars at the current exchange rate.
According to on-chain data, the operation involved several newly created smart contracts, all subsequently self-destructed to make tracking the funds more difficult.
A part of the loot has already been sent to Tornado Cash, the Ethereum mixer often used to obscure the origins of stolen funds.
Yearn Finance has confirmed that it is working to analyze the attack in detail.
The hack seems to have exclusively targeted the contract related to the yETH token, while the Yearn Vaults, both V2 and V3 versions, appear to be unaffected.
The incident reignites the debate on the security of DeFi protocols and the complexity of smart contracts, reminding us how even established projects like Yearn Finance remain exposed to ever-evolving technical vulnerabilities.
#YearnFinance #Hack #yETH
See original
Hacking at Upbit: Suspicions of Lazarus Group
🔐 What happened at Upbit — incident summary
On
November 27, 2025
, Upbit detected an unauthorized exit (“an anomalous transfer”) from one of its hot wallets on the Solana network.
The amount withdrawn amounts to
44.5 billion South Korean won
, equivalent to approximately
US$ 30–31 million
.
Immediately, Upbit
suspended deposits and withdrawals
to prevent further outflows and initiated an internal investigation.
According to their report, the loss for the company (equity) was about
On
November 27, 2025
, Upbit detected an unauthorized exit (“an anomalous transfer”) from one of its hot wallets on the Solana network.
The amount withdrawn amounts to
44.5 billion South Korean won
, equivalent to approximately
US$ 30–31 million
.
Immediately, Upbit
suspended deposits and withdrawals
to prevent further outflows and initiated an internal investigation.
According to their report, the loss for the company (equity) was about
🚨 BREAKING NEWS:
Upbit suffers a massive $36 MILLION Solana hack! 😱
💰 Hackers reportedly withdrew $SOL worth over $36M, causing panic across the market.
🔍 Security teams are investigating, and withdrawals may face delays…
⚠️ Reminder:
Not your keys = not your crypto!
Stay safe — use cold wallets & enable max security! 🔒
#Upbit #Solana #Hack #CryptoAlert #Security
Upbit suffers a massive $36 MILLION Solana hack! 😱
💰 Hackers reportedly withdrew $SOL worth over $36M, causing panic across the market.
🔍 Security teams are investigating, and withdrawals may face delays…
⚠️ Reminder:
Not your keys = not your crypto!
Stay safe — use cold wallets & enable max security! 🔒
#Upbit #Solana #Hack #CryptoAlert #Security
See original
UPBIT's SOLANA network hacked
UPBIT: Their SOLANA network was hacked for 54 billion KRW and they will compensate for all damages to customers.
UPBIT revealed in a blog post that their Solana network was attacked, resulting in a loss of 54.00 billion Korean won (36.00 million dollars). UPBIT stated that they will bear the losses incurred to all customers due to this hacking incident.
#Upbit #hack
UPBIT revealed in a blog post that their Solana network was attacked, resulting in a loss of 54.00 billion Korean won (36.00 million dollars). UPBIT stated that they will bear the losses incurred to all customers due to this hacking incident.
#Upbit #hack
🚨 UPBIT EXCHANGE HACKED - $37M STOLEN IN $SOL TOKENS! 🚨
$BTC
Korea's biggest exchange just got hit!
📉 Breaking News:
• $37 MILLION stolen
• $SOL network tokens targeted
• Deposits/withdrawals SUSPENDED
• Abnormal activity detected
⚠️ What Happened:
Upbit froze all withdrawals after detecting suspicious transactions involving Solana tokens. Investigation ongoing!
🔥 Why This Matters:
• Upbit = Korea's #1 exchange
• Trust crisis incoming?
• SOL price dropping on news
• Reminder: NOT YOUR KEYS, NOT YOUR COINS!
Are your coins safe on exchanges? 👇
#BinanceHODLerAT #TrumpTariffs #Upbit #Hack #CryptoSecurity
$BTC
Korea's biggest exchange just got hit!
📉 Breaking News:
• $37 MILLION stolen
• $SOL network tokens targeted
• Deposits/withdrawals SUSPENDED
• Abnormal activity detected
⚠️ What Happened:
Upbit froze all withdrawals after detecting suspicious transactions involving Solana tokens. Investigation ongoing!
🔥 Why This Matters:
• Upbit = Korea's #1 exchange
• Trust crisis incoming?
• SOL price dropping on news
• Reminder: NOT YOUR KEYS, NOT YOUR COINS!
Are your coins safe on exchanges? 👇
#BinanceHODLerAT #TrumpTariffs #Upbit #Hack #CryptoSecurity
Upbit's $36.8M Solana Hack: A Déjà Vu Breach Amid Mega-Merger
South Korea's crypto giant Upbit, launched in 2017 as the nation's top trading platform, faced a gut-wrenching security breach on November 27, 2025. In a chilling echo of history, hackers siphoned approximately 54 billion KRW ($36.8 million) in Solana network assets from a compromised hot wallet.
The irregular withdrawals targeted a diverse array of tokens, including Solana (SOL), Bonk (BONK), Official Trump (TRUMP), Pudgy Penguins (PENGU), Moodeng (MOODENG), and USD Coin (USDC), among others like JUP, RAY, and RENDER.Upbit swiftly halted deposits and withdrawals for affected services, initiating an emergency security audit across all networks and wallets.
CEO Oh Kyung-seok vowed full compensation for users' losses using the exchange's own reserves, ensuring no member assets are impacted. To fortify defenses, remaining funds were rushed to cold storage, while collaborations with project teams froze on-chain assets—including $8.18 million in Solayer (LAYER) tokens. Operations won't resume until rigorous checks confirm ironclad safety.
This exploit strikes at an inopportune moment. Just a day prior, on November 26, Naver Financial unveiled a blockbuster $10.29 billion all-stock acquisition of Upbit's parent, Dunamu, signaling mainstream fintech's bold crypto embrace. Yet, the hack underscores persistent vulnerabilities in centralized exchanges, even as global adoption surges past 500 million users.Déjà vu hits hard: Exactly six years ago, on November 27, 2019, Upbit lost $48.5 million in Ethereum to a breach linked to North Korean actors.
Post-incident reforms—like 90% cold storage adoption—set industry standards, but this anniversary attack rhymes with the past. As regulators probe delays in reporting, Upbit's resilience will be tested. It's a stark reminder: In crypto's wild frontier, vigilance is the ultimate safeguard. Will this catalyze deeper innovations in wallet security?
#Upbit #Hack #solana #sol $SOL @EliteDailySignals
Move with the market - move with us!
South Korea's crypto giant Upbit, launched in 2017 as the nation's top trading platform, faced a gut-wrenching security breach on November 27, 2025. In a chilling echo of history, hackers siphoned approximately 54 billion KRW ($36.8 million) in Solana network assets from a compromised hot wallet.
The irregular withdrawals targeted a diverse array of tokens, including Solana (SOL), Bonk (BONK), Official Trump (TRUMP), Pudgy Penguins (PENGU), Moodeng (MOODENG), and USD Coin (USDC), among others like JUP, RAY, and RENDER.Upbit swiftly halted deposits and withdrawals for affected services, initiating an emergency security audit across all networks and wallets.
CEO Oh Kyung-seok vowed full compensation for users' losses using the exchange's own reserves, ensuring no member assets are impacted. To fortify defenses, remaining funds were rushed to cold storage, while collaborations with project teams froze on-chain assets—including $8.18 million in Solayer (LAYER) tokens. Operations won't resume until rigorous checks confirm ironclad safety.
This exploit strikes at an inopportune moment. Just a day prior, on November 26, Naver Financial unveiled a blockbuster $10.29 billion all-stock acquisition of Upbit's parent, Dunamu, signaling mainstream fintech's bold crypto embrace. Yet, the hack underscores persistent vulnerabilities in centralized exchanges, even as global adoption surges past 500 million users.Déjà vu hits hard: Exactly six years ago, on November 27, 2019, Upbit lost $48.5 million in Ethereum to a breach linked to North Korean actors.
Post-incident reforms—like 90% cold storage adoption—set industry standards, but this anniversary attack rhymes with the past. As regulators probe delays in reporting, Upbit's resilience will be tested. It's a stark reminder: In crypto's wild frontier, vigilance is the ultimate safeguard. Will this catalyze deeper innovations in wallet security?
#Upbit #Hack #solana #sol $SOL @EliteDailySignals
Move with the market - move with us!
Upbit Hacked and $37 Million Stolen: Korea's Largest Exchange Enters Emergency Mode
📅 November 27 | Seoul, South Korea
An unexpected storm hits the heart of the Asian crypto market. Upbit, South Korea's largest exchange and a global pillar of digital commerce, suffered a massive hack that drained $37 million in a matter of minutes and unleashed chaos among users and institutions.
📖Upbit, operated by Dunamu, detected anomalous activity in one of its hot wallets when several million Ether (ETH) began to be transferred in rapid, consecutive transactions to a newly created wallet. All of this occurred within a tiny timeframe, leaving the technical team unable to react immediately.
According to The Block, the hackers executed the operation with surgical precision: they drained the funds, redistributed them to various addresses, and began fragmenting them almost in real time to hinder their traceability on the blockchain.
In response, Upbit activated its emergency protocol, froze deposits and withdrawals, and moved most of its assets to cold wallets while alerting its international partners. At the same time, South Korean authorities requested preliminary information, aware that an incident of this scale could have regulatory and security repercussions throughout the country.
The collective memory of the ecosystem resurrected the specter of the 2019 hack, when Upbit lost $49 million in ETH. Despite the improvements announced at the time, this new attack reopens serious doubts about the true robustness of its infrastructure and the exchange's preparedness to face sophisticated threats.
Analysts maintain that, although the stolen amount represents only a fraction of the funds in custody, the reputational damage could be much more severe and lasting. For now, the funds are still being traced, but the likelihood of full recovery is uncertain.
Topic Opinion:
Absolute security in centralized exchanges does not exist. Upbit is a giant, with immense resources and constant audits, and yet it was compromised again. This case underscores the urgent need to strengthen infrastructure, increase transparency, and rethink the level of exposure of hot wallets.
💬 What do you think of this new hack?
Leave your comment...
#Upbit #Hack #CryptoSecurity #blockchain #CryptoNews $ETH
An unexpected storm hits the heart of the Asian crypto market. Upbit, South Korea's largest exchange and a global pillar of digital commerce, suffered a massive hack that drained $37 million in a matter of minutes and unleashed chaos among users and institutions.
📖Upbit, operated by Dunamu, detected anomalous activity in one of its hot wallets when several million Ether (ETH) began to be transferred in rapid, consecutive transactions to a newly created wallet. All of this occurred within a tiny timeframe, leaving the technical team unable to react immediately.
According to The Block, the hackers executed the operation with surgical precision: they drained the funds, redistributed them to various addresses, and began fragmenting them almost in real time to hinder their traceability on the blockchain.
In response, Upbit activated its emergency protocol, froze deposits and withdrawals, and moved most of its assets to cold wallets while alerting its international partners. At the same time, South Korean authorities requested preliminary information, aware that an incident of this scale could have regulatory and security repercussions throughout the country.
The collective memory of the ecosystem resurrected the specter of the 2019 hack, when Upbit lost $49 million in ETH. Despite the improvements announced at the time, this new attack reopens serious doubts about the true robustness of its infrastructure and the exchange's preparedness to face sophisticated threats.
Analysts maintain that, although the stolen amount represents only a fraction of the funds in custody, the reputational damage could be much more severe and lasting. For now, the funds are still being traced, but the likelihood of full recovery is uncertain.
Topic Opinion:
Absolute security in centralized exchanges does not exist. Upbit is a giant, with immense resources and constant audits, and yet it was compromised again. This case underscores the urgent need to strengthen infrastructure, increase transparency, and rethink the level of exposure of hot wallets.
💬 What do you think of this new hack?
Leave your comment...
#Upbit #Hack #CryptoSecurity #blockchain #CryptoNews $ETH
🚨 BREAKING NEWS: Upbit Suffers $36M Solana-Network Hack! 🚨
South Korea’s largest crypto exchange, Upbit, has confirmed a major security breach — with 54 billion KRW (≈ $36–37M) drained from one of its Solana hot wallets early today.
🔍 What Happened?
Hackers siphoned off a wide range of Solana-based tokens including SOL, USDC, BONK, and multiple ecosystem assets — all pulled directly from Upbit’s compromised hot wallet.
🛑 Immediate Actions by Upbit:
All Solana-network deposits & withdrawals halted instantly
Remaining funds moved to cold storage for safety
On-chain investigation launched with full cooperation from security teams
Upbit confirmed it will fully compensate users, covering all losses from its own reserves
🏢 Why This Matters:
This incident comes during a sensitive corporate transition, as Upbit undergoes a major acquisition/merger process — making the timing even more critical.
⚠️ Key Reminder:
Even top exchanges remain vulnerable. Hot-wallet exploits continue to be one of the biggest attack vectors in crypto.
If you store significant assets on centralized exchanges, stay alert and consider securing funds offline.
#breakingnews #Upbit #solana #Hack #CryptoSecurity $SOL $XRP $
$AT
South Korea’s largest crypto exchange, Upbit, has confirmed a major security breach — with 54 billion KRW (≈ $36–37M) drained from one of its Solana hot wallets early today.
🔍 What Happened?
Hackers siphoned off a wide range of Solana-based tokens including SOL, USDC, BONK, and multiple ecosystem assets — all pulled directly from Upbit’s compromised hot wallet.
🛑 Immediate Actions by Upbit:
All Solana-network deposits & withdrawals halted instantly
Remaining funds moved to cold storage for safety
On-chain investigation launched with full cooperation from security teams
Upbit confirmed it will fully compensate users, covering all losses from its own reserves
🏢 Why This Matters:
This incident comes during a sensitive corporate transition, as Upbit undergoes a major acquisition/merger process — making the timing even more critical.
⚠️ Key Reminder:
Even top exchanges remain vulnerable. Hot-wallet exploits continue to be one of the biggest attack vectors in crypto.
If you store significant assets on centralized exchanges, stay alert and consider securing funds offline.
#breakingnews #Upbit #solana #Hack #CryptoSecurity $SOL $XRP $
$AT
See original
Upbit exchange hacked 37 million USD in assets on Solana
A serious security incident on the Solana network caused Upbit to suffer approximately 37 million USD in losses, forcing the exchange to temporarily suspend all deposit/withdrawal activities for investigation.
If even Upbit can be hacked like this, are other exchanges really safe, guys? 🥲🥲🥲
#upbit #Hack
A serious security incident on the Solana network caused Upbit to suffer approximately 37 million USD in losses, forcing the exchange to temporarily suspend all deposit/withdrawal activities for investigation.
If even Upbit can be hacked like this, are other exchanges really safe, guys? 🥲🥲🥲
#upbit #Hack
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