Tag: Upbit

  • Upbit Key Flaw Exposes Major Weakness After $30M Crypto Theft

    Upbit Key Flaw Exposes Major Weakness After $30M Crypto Theft

    A confirmed Upbit key flaw enabled attackers to steal roughly thirty million dollars from the exchange’s Solana wallet. The incident revealed a vulnerability that let criminals infer private keys by studying blockchain activity. This breach raised urgent questions about Upbit’s wallet architecture and exposed critical risks facing centralised platforms in 2025. How the Attack Unfolded…

  • Upbit $37M withdrawal triggers security shutdown

    Upbit $37M withdrawal triggers security shutdown

    The sudden Upbit $37M withdrawal disrupted one of South Korea’s largest crypto exchanges and forced an immediate halt on all deposits and withdrawals. Upbit confirmed an abnormal outflow from a hot wallet, prompting a rapid security lockdown and an investigation into the cause of the incident. How the Abnormal Withdrawal Was Detected Upbit spotted unusual…