Upbit in South Korea Reports $36 Million Loss from Solana Hot-Wallet Breach

Simply put Upbit reported that unusual transfers on the Solana network resulted in the loss of around $36 million across several tokens, including BONK, JTO, SONIC, and USDC. The exchange is working on an on-chain freeze in collaboration with token issuers after securing some of the remaining funds offline. The CEO of Upbit’s parent company […]