South Korea Ties $36M Upbit Breach to North Korea’s Lazarus Group
South Korean authorities are investigating a possible connection between the recent $36 million hack of the Upbit crypto exchange and the North Korea-linked Lazarus Group.
South Korean authorities are investigating a possible connection between the recent $36 million hack of the Upbit crypto exchange and the North Korea-linked Lazarus Group.
South Korean tech giant Naver and Upbit operator Dunamu plan to invest 10 trillion Korean won ($6.8 billion) over five years to build a next-generation financial infrastructure leveraging AI and blockchain technology.
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
Naver Financial has announced a definitive plan to acquire Dunamu, the operator of the Upbit crypto exchange, in an all-stock transaction valued at approximately 15.1 trillion won ($10.3 billion).