Upbit, South Korea's largest crypto exchange, uncovered a serious flaw in its wallet system during an investigation into a $30 million hack. The vulnerability potentially exposed private keys through blockchain data analysis but has not been confirmed as the direct cause of the theft. Following the incident, Upbit halted transactions and secured tokens in cold storage. South Korean authorities suspect North Korea's Lazarus Group involvement and continue to investigate. Upbit promises full reimbursement to affected users and ongoing collaboration with law enforcement while enhancing security measures.
Continue to read Upbit Identifies Critical Wallet Vulnerability Amid $30M Theft Investigation
Upbit, South Korea's largest crypto exchange, uncovered a serious flaw in its wallet system during an investigation into a $30 million hack. The vulnerability potentially exposed private keys through blockchain data analysis but has not been confirmed as the direct cause of the theft. Following the incident, Upbit halted transactions and secured tokens in cold storage. South Korean authorities suspect North Korea's Lazarus Group involvement and continue to investigate. Upbit promises full reimbursement to affected users and ongoing collaboration with law enforcement while enhancing security measures.
Continue to read Upbit Identifies Critical Wallet Vulnerability Amid $30M Theft Investigation
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