Upbit exchange was hacked. 342,000 ETH lost - page 8.

mirtotanota

copper member

Activity: 92

Merit: 79

Quote from: comchien on November 27, 2019, 05:20:31 AM

It is scary that an upbit exchange has corrupted this problem and caused hackers to steal it, but they also provided the right solution for compensation for this reason. Why can't they improve the security of floors and investors more secure?

This is why you should not invest or hold your money on trading websites and online wallets

comchien

jr. member

Activity: 340

Merit: 2

It is scary that an upbit exchange has corrupted this problem and caused hackers to steal it, but they also provided the right solution for compensation for this reason. Why can't they improve the security of floors and investors more secure?

kaneki007

sr. member

Activity: 1204

Merit: 257

Quote from: masterzino on November 27, 2019, 05:05:26 AM

At least Upbit claims they will cover the loss from their own assets and the client's funds will remain unharmed.

Korean exchanges are good for arbitraging and Upbit are serious until now.

Even though they will cover customer funds, but i think some customers will lose trust in the upbit exchanger for fear of the case of funds being hacked again. And i always keep my assets in my personal wallet and not in wallet exchangers.
Hopefully this problem is quickly resolved

OptimusPrime_3

jr. member

Activity: 308

Merit: 1

According do the report I read, only ethereum was withdrew to the unknown wallet and other assets moved to a cold wallet. I don't where you got other datas from. But the good news is the part where upbit will cover all the looses. That's a welcome development though

knuckey

sr. member

Activity: 1260

Merit: 251

I wonder, why Korean exchanges are often hacked? And this incident triggers the fall of all crypto prices on the market. I hope the exchange can solve this problem immediately and not harming their users, because the 342k ETH that was stolen was worth 48.6 million dollars and this is a bad incident at the end of the year for the crypto industry.

masterzino

hero member

Activity: 1218

Merit: 513

At least Upbit claims they will cover the loss from their own assets and the client's funds will remain unharmed.

Korean exchanges are good for arbitraging and Upbit are serious until now.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

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.

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

Topic: Upbit exchange was hacked. 342,000 ETH lost - page 8. (Read 933 times)