Post
Topic
Board Service Discussion (Altcoins)
Re: Upbit exchange was hacked. 342,000 ETH lost
by
mirtotanota
on 27/11/2019, 16:05:32 UTC

UPD2: Funds in the amount of 342,000 ETH were stolen from the Upbit wallet, funds began to be received again, in different amounts, it seems from the exchange team. A logical question arises. Why replenish an already compromised wallet? Hacked wallet balance already - 4.726 ETH


Mind to link about this matter? I tried to search up their announcement news but i havent able to read that replenish amounts on the said hacked hot wallet.
It really sounds dumb on funding again a hacked wallet.I would like to clarify about this news. hope you would reply on where you do read up such information.

We dont know if this one is an inside job or a real hack yet any exchange can announce that theyve been recently hacked due to blah blah blah. Another bad news in cryptospace.
It seems that he only has the proof of the suspicion though no official announcement yet considering that such a thing would take a lot of consideration before announced by the exchanges that got hacked, quite depressing to hear such enormous amount of cryptos got stolen so easily. I wonder how all these exchange could get their crypto stolen easily despite having invested into the security. I know that no system is safe but atleast they can make it harder to stole the cryptos maybe by investing more into the security because it wont take that much compared to the aftermath caused by a weak security.

did you read OP post ?
here is ANN link:
https://upbit.com/service_center/notice?id=1085

they said that 342,000 ETH moved from their Hot Wallet and dont know who do that, yes they have weak security