Upbit’s Worst Timing Ever: Massive SOL Breach Crashes Its Big Day With Naver

Upbit, a leading South Korean cryptocurrency exchange, identified unauthorized withdrawals totaling around 54 billion KRW ($36 million) in Solana-based assets on Thursday. The breach affected several tokens, including SOL, USDC, BONK, JUP, RAY, RENDER, ORCA, and PYTH. Stolen funds were sent to unidentified external wallets. Upbit immediately suspended deposits and withdrawals for the Solana network to limit further losses and safeguard user funds source: https://beincrypto.com/upbit-solana-hack-2025-loss/