Browsing: Upbit exchange news
Exchange-focused Upbit exchange news coverage: listings, liquidity, and market moves. AI-reviewed by Bpay News for clarity.
The recent Solana tokens hack has sent shockwaves through the crypto community, particularly affecting traders on South Korea’s Upbit exchange.This breach, which siphoned approximately 44.5 billion won ($32 million), has highlighted vulnerabilities in digital asset security amidst rising premium prices for Solana tokens.
In a shocking turn of events in the crypto world, Upbit deposit withdrawal suspended following the theft of approximately 54 billion Korean won, equivalent to around $36.8 million.This alarming incident, which involved Solana network assets getting transferred to an unknown external wallet, has caused significant concern among users of the popular Upbit exchange.
The recent acquisition of South Korea’s largest crypto exchange, Dunamu, by tech titan Naver Financial marks a significant development in the cryptocurrency landscape.This all-stock deal, valued at approximately $10.29 billion, is currently pending regulatory approval and promises to reshape the dynamics of digital finance in the nation.