Upbit hacked for $30 million

The Korean cryptocurrency exchange Upbit suffered a loss of around $30 million in various Solana-based assets due to a hack. Some entities have suggested that Lazarus, a North Korean state-sponsored cybercrime group, was behind the hack.

Upbit reimbursed users who had lost funds from company reserves. The exchange was able to freeze around $1.77 million of the stolen assets.

This theft occurred exactly six years after Upbit suffered a theft of 342,000 ETH (priced at around $50 million at the time).