Exchange record
Upbit
South Korean centralized exchange operated by Dunamu. In November 2025 it suffered a Solana hot-wallet / abnormal withdrawal incident involving roughly USD 30-40 million in assets, suspended deposits and withdrawals, and later resumed Solana-related services in phases.
Registry sequence
Key facts
URL handling
Summary
South Korean centralized exchange operated by Dunamu. In November 2025 it suffered a Solana hot-wallet / abnormal withdrawal incident involving roughly USD 30-40 million in assets, suspended deposits and withdrawals, and later resumed Solana-related services in phases.
Timeline
Upbit detected abnormal withdrawals of Solana-network assets, with reporting estimating roughly USD 30-40 million or 54 billion KRW in assets transferred to an unauthorized external wallet.
Upbit urgently suspended digital-asset deposits and withdrawals after detecting abnormal activity involving Solana-network tokens and moved remaining assets to cold wallets.
Upbit announced that deposits and withdrawals for Solana network-related digital assets and SOL staking services would resume sequentially from December 4, 2025.