Latest update from Dunamu, the parent company of South Korea's leading exchange Upbit: Approximately 2.6 billion KRW (equivalent to $1.77 million) in stolen assets have been successfully frozen, and the company has pledged to fully compensate affected users with its own funds.
Here’s how it started—Upbit detected abnormal withdrawal activity on the Solana chain, with assets worth as much as 38.6 billion KRW being transferred out at the time. The platform responded swiftly: emergency suspension of deposit and withdrawal services, along with a comprehensive upgrade of the wallet system.
A portion of the funds has already been recovered, and the remaining losses will also be covered by the platform. The speed of their response and commitment to compensation serve as a textbook emergency response case for the industry.
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GhostAddressMiner
· 12-08 02:25
2.6 billion frozen, 1.77 million USD... So where did the remaining 36 billion go? Who are you trying to fool with those on-chain traces?
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RektHunter
· 12-08 02:07
To be honest, Dunamu really stepped up this time. Not every exchange dares to cover losses out of their own pocket, so kudos to them. But how exactly did that 38.6 billion KRW get hacked? That definitely needs to be investigated thoroughly.
Latest update from Dunamu, the parent company of South Korea's leading exchange Upbit: Approximately 2.6 billion KRW (equivalent to $1.77 million) in stolen assets have been successfully frozen, and the company has pledged to fully compensate affected users with its own funds.
Here’s how it started—Upbit detected abnormal withdrawal activity on the Solana chain, with assets worth as much as 38.6 billion KRW being transferred out at the time. The platform responded swiftly: emergency suspension of deposit and withdrawal services, along with a comprehensive upgrade of the wallet system.
A portion of the funds has already been recovered, and the remaining losses will also be covered by the platform. The speed of their response and commitment to compensation serve as a textbook emergency response case for the industry.