Upbit - Btccrux

Upbit Confronts a Whopping 160,000 Hack Attempts in 2023’s First Half

summy Morphe
October 9, 2023
News, Crypto
Hack Attempts, Upbit
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Upbit faced a staggering 160,000 hacking attempts in H1 2023, double that of 2022. Security measures intensified after a 2019 hack. Rising cyber threats challenge crypto exchanges. Key Takeaways Upbit, one of the prominent cryptocurrency exchanges, has been swamped with a colossal 160,000 hacking attempts in just the initial half of 2023, marking a perturbing 2.17-fold increase from the first …

South Korea’s Leading Crypto Exchange Upbit Faces Security Breach

Cary
September 25, 2023
News, Cryptonews
Security, South Korea, Upbit
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South Korea’s Upbit crypto exchange faces a security breach, impacting 100,000 accounts with $3.4 billion in counterfeit tokens, questioning its reliability. Highlights: In a startling development, Upbit, the largest cryptocurrency exchange in South Korea, has been compromised due to fraudulent deposits, endangering the security and integrity of its platform and impacting nearly 100,000 user accounts. The incident has led to …