Upbit detected “irregular withdrawals” from a hot wallet tied to the #SOLANA network. The stolen amount was estimated at around $36M.

The breach involved a mix of Solana based assets not just $SOL but also stablecoins & alts on Solana eg. $USDC , memes, DeFi tokens.

The withdrawals were unauthorized & sent to “unknown external wallets.”

Immediately after detecting the breach, Upbit suspended all deposits & withdrawals for Solana network assets to prevent further unauthorized outflows.

The exchange transferred remaining assets to cold storage & began a full security audit.

Authorities are suspecting the involvement of Lazarus Group- a hacking collective linked to North Korea.

ETH
ETH
2,930.42
-0.94%
SOL
SOL
125.98
-0.95%
USDC
USDCUSDT
1.00067
0.00%

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