Upbit Hit by $36M Solana Hack, Vows Full Reimbursement After Major Breach

South Korea’s biggest crypto exchange woke up to trouble early Thursday after a 4:42 a.m. breach pushed millions in Solana-based tokens out to an unknown wallet.

But instead of panic, Upbit moved fast – freezing its systems, shutting down deposits and withdrawals, and telling customers one thing that instantly mattered most: Upbit will cover the full 54 billion won loss.