PANews reported on November 27th that South Korean cryptocurrency exchange Upbit has announced the suspension of deposit and withdrawal services and the commencement of a comprehensive review process. Around 04:42 local time on November 27th, 2025, Upbit confirmed that 54 billion Korean won (approximately US$36.81 million) of Solana network-related assets were transferred to an unknown external wallet. The digital assets involved include 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SOL, SONIC, SOON, TRUMP, USDC, and W. To protect user assets, Upbit immediately took the following measures: 1. All assets have been transferred to a secure cold wallet to prevent further abnormal transfers; 2. On-chain freezing attempts have been initiated, and cooperation with law enforcement investigations is underway; 3. A comprehensive security review of deposits and withdrawals is being conducted.PANews reported on November 27th that South Korean cryptocurrency exchange Upbit has announced the suspension of deposit and withdrawal services and the commencement of a comprehensive review process. Around 04:42 local time on November 27th, 2025, Upbit confirmed that 54 billion Korean won (approximately US$36.81 million) of Solana network-related assets were transferred to an unknown external wallet. The digital assets involved include 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SOL, SONIC, SOON, TRUMP, USDC, and W. To protect user assets, Upbit immediately took the following measures: 1. All assets have been transferred to a secure cold wallet to prevent further abnormal transfers; 2. On-chain freezing attempts have been initiated, and cooperation with law enforcement investigations is underway; 3. A comprehensive security review of deposits and withdrawals is being conducted.
Upbit: Approximately 54 billion won in assets were stolen from Solana; access has been suspended and a full investigation is underway.
PANews reported on November 27th that South Korean cryptocurrency exchange Upbit has announced the suspension of deposit and withdrawal services and the commencement of a comprehensive review process. Around 04:42 local time on November 27th, 2025, Upbit confirmed that 54 billion Korean won (approximately US$36.81 million) of Solana network-related assets were transferred to an unknown external wallet. The digital assets involved include 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SOL, SONIC, SOON, TRUMP, USDC, and W. To protect user assets, Upbit immediately took the following measures: 1. All assets have been transferred to a secure cold wallet to prevent further abnormal transfers; 2. On-chain freezing attempts have been initiated, and cooperation with law enforcement investigations is underway; 3. A comprehensive security review of deposits and withdrawals is being conducted.
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