Upbit Hack Drains $37M in Solana Assets

The post Upbit Hack Drains $37M in Solana Assets appeared first on Coinpedia Fintech News

The Upbit hack has resulted in nearly 54 billion KRW (~$37M) in Solana-based assets being transferred to an unauthorized wallet. PeckShield first detected the breach, prompting Upbit to secure affected wallets. The exchange confirmed that no user funds are impacted, stating it will fully cover the loss using its own holdings. Upbit emphasized that the incident “will not affect member assets” as investigations and security enhancements continue.