$ 50 million robbery on the upbit crypto money exchange!

$ 50 million robbery on the upbit crypto money exchange!

By Hero crypto | Hero | 28 Nov 2019


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The allegations of hacking about the popular crypto currency exchange Upbit, which was suspected to have been attacked in the morning, came true! The stock exchange just confirmed the loss of 342,000 Ether, worth around $ 50 million.

In the morning, we reported that one of the leading crypto currency exchanges, Upbit, had suddenly suspended deposits and withdrawals and suspected there was an attack on the stock exchange.

The doubts came true. Although the stock market did not use the word “hack da, it confirmed the loss of approximately $ 50 million worth of ETH 342,000.

Upbit'ten, 342,000 ETH today, the stock market Ethereum hot wallet to an unknown wallet said that the move was quickly identified after the action.

After the initial detection, the stock market transferred other crypto currencies to different wallets, but the large amount of 342,000 ETH could not be recovered.

After the initial detection, the stock market transferred other crypto currencies to different wallets, but the large amount of 342,000 ETH could not be recovered.

Upbit says that all losses of users will be covered. However, the withdrawal process will continue for at least two weeks.

The upbit incident was recorded as this year's eighth hack in the crypto money market.

The latest Vietnamese-based crypto currency exchange, VinDAX, was known to have stolen $ 550,000 worth of crypto. In July, the Japanese crypto currency exchange, Bitpoint lost $ 32 million in crypto money, while a month before the Singapore-based Bitrue stock exchange $ 4.3 million crypto money was stolen by an attack announced. Other exchanges hacked this year are Binance, Bithumb, DragonEX and Cryptopia.

Bitcoin dropped to $ 200

With rumors that Upbit was attacked and the stock market officially announced, Bitcoin's price fell over $ 200 within minutes. Bitcoin, previously traded at $ 7060, declined to $ 6847

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