Post
Topic
Board Altcoin Discussion
Re: Upbit exchange was hacked. 342,000 ETH lost
by
ici_lemmy
on 27/11/2019, 10:10:10 UTC
At 13:06 on November 27, 2019, 342,000 ETH (approximately 58 billion won) were transferred from the Ethereum Hot Wallet to an unknown wallet.
UpBit says it will cover losses worth $51.3 million with corporate funds.

Unknown wallet address: 0xa09871AEadF4994Ca12f5c0b6056BBd1d343c029

https://upbit.com/service_center/notice?id=1085

UPD1: It is also rumored to have additionally stolen BTT worth more than $ 3.5 million and TRX worth more than $ 17 million. Perhaps this will be announced later. After the withdrawal of ETH to unknown wallets from the exchange, BTT with TRX moved to unknown wallets.


This is bad day for crypto market because upbit exchange is one of the largest exchanges in Korea and this may be the main reason why the market continues to collapse today. At present, the best solution is to withdraw all assets to another exchange and wait for the news. I don't have any assets here but this is really a huge loss for the crypto market.