Yesterday, the South Korean exchange Upbit was compromised and $50M of Ethereum (ETH) was reported stolen. $16.5M of that stolen ETH is on the move and has just been sent to another unknown wallet.
The information provided by the article writer was wrong because the actual amount of ETH stolen was 341,999.99 ETH ~$53M check the below image for more information.

The hackers responsible for stealing from Upbit appear to finally be dispersing their plundered ETH. Whale Alert (@whale_alert) is reporting that around 109,270 ETH ($16.5M) has just been transferred to another unknown wallet.[/i]
Check the full news hereWell, well, well.....here goes another exchange hack news again. Its a whooping $16M worth of Ethereum! My freakin goodness!
Not even the most popular exchange, Binance, is safe from these hackers. No matter if these exchanges have installed high security measures, the hackers are always coming back in a new and innovative way to counter those security measures even up to the highest level.
For me, these hackers are using their superb intelligence and have a whatever it takes attitude to take risks in hacking those exchanges and stealing Bitcoin, Ethereum and other forms of cryptocurrencies.
As of now, I honestly think that if this one continues, hackers would become whales and become one of those who can control the cryptocurrency market.
While the stolen ETH was split sent in 10, 1000, 10000 and 99999.99 ETH respectively to wallet address 0x9a207194cbed9f229694fdf5a28caab59157920d and 10,1000, 10000 and 99,999.99 ETH was also sent to wallet 0x3408edca2d47ddaa783a3563d991b8ddebcd973b but the wallet are also empty as we speak and I think the hacker is trying to make the coin anonymous.