Home > Exchanges > Crypto Exchange Upbit Confirms Theft of $49M in Ether

Crypto Exchange Upbit Confirms Theft of $49M in Ether

In fact, more than $100 million worth of multiple cryptocurrencies have been sent out from Upbit today. However, the exchange said all other transactions, apart from the abnormal ethereum outflow, were the exchange moving cryptos from hot wallets to cold wallets to prevent their theft.

Source