Hackers retract $forty eight.7M in Ethereum from South Korean cryptocurrency alternate Upbit

Hackers retract $forty eight.7M in Ethereum from South Korean cryptocurrency alternate Upbit

South Korean cryptocurrency exchange Upbit has reported that hackers have ransacked its Ethereum ETH “hot wallet,” stealing 342,000 ETH – a cryptocurrency stash worth $48.7 million. The attack was confirmed in a statement posted to the cryptocurrency exchange’s website by Upbit’s CEO Lee Seok-woo earlier today.