Upbit Suffers ~$30M Hack, Suspected Involvement Tied to Lazarus Group

Tekedia | 29-11-2025 09:59am |

Upbit, South Korea’s largest cryptocurrency exchange, suffered a major security breach where approximately 44.5 billion South Korean won around $30 million USD in Solana-based tokens was drained from its hot wallet. The incident occurred at approximately 4:42 a.m. local time, prompting Upbit to immediately suspend all deposits and withdrawals for emergency maintenance. This marks the

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