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Upbit Loses $36 Million in Solana Hack

Upbit has lost $36 million in a security breach involving Solana, with experts attributing the exploit to sophisticated threat actors.

Upbit Loses $36 Million in Solana Hack
Image: BullishMarketCap

Crypto exchange Upbit has suffered a security breach resulting in the loss of $36 million, according to a report by Startup Fortune. The incident affected assets on the Solana network.

Security Breach Details

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According to Startup Fortune, industry experts assessing the incident have stated that the sophisticated nature of the exploit indicates it is an operation that only the Lazarus Group could pull off. Security analysts are continuing to review the vector and movement of the stolen funds.

Key facts

  • Upbit lost $36 million in a security breach
  • The hack involved the Solana network
  • Experts attribute the attack to the Lazarus Group
$SOL#Upbit#Solana#CryptoHack

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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