The Korean exchange Upbit has been hacked, with rumors confirmed from multiple sources. The rumors from this morning happened after a large-scale transaction of Ethereum (ETH) was noted to come out of the exchange.
https://twitter.com/whale_alert/status/1199632731661099008
The ETH transfer happened without a warning that Upbit was switching cold wallets, and worried the entire community. The sum stolen is significant, comparable to half of the haul of Plus Token, and to some of the biggest ETH losses in history.
Binance’s CEO Changpeng “CZ” Zhao also announced the market operator would cooperate and freeze a...