South Korean crypto exchange UPbit gets hacked; loses nearly $50M worth of ether

South Korean cryptocurrency exchange UPbit has been hacked, losing nearly $50M worth of ether (ETH) cryptocurrency. Announcing the news on Wednesday, UPbit said 342,000 ETH (currently worth nearly $50 million) were transferred from its ethereum “hot” wallet to an unknown wallet, adding: “Unknown wallet address is 0xa09871AEadF4994Ca12f5c0b6056BBd1d343c029” As a result, UPbit has now transferred “all” […]The post South Korean crypto exchange UPbit gets hacked; loses nearly $50M worth of ether appeared first on The Block.