Upbit, South Korea’s leading cryptocurrency exchange, resumed digital asset deposits and withdrawals on December 1, 2025, following a $36.8 million Solana network theft. This resumption emphasizes the importance of strengthened security measures to rebuild trust in the market after the incident. Upbit, under CEO Oh Kyung-seok, initiates this phased reintroduction by requiring new wallet addresses for all digital assets as part of enhanced security protocols. 2025 saw a significant event that prompted the exchange’s temporary halt of service, and the company has pledged to cover losses for affected users. This decision signals a proactive response from Upbit in addressing the incident. Law enforcement is also taking steps to freeze some stolen assets, highlighting the commitment to crypto security within South Korea.