Korean Exchange Upbit Hacked for $50 Million

An official post from Upbit exchange revealed that 342,000 ETH (approximately $50 million) were drained from its hot wallet. A rogue transaction occurred on one of Upbit’s deposit addresses at 11 P.M. Eastern time. All the funds were sent to an Ethereum address that is unknown to the exchange. The Upbit team responded by abruptly […]

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