South Korea’s largest cryptocurrency exchange, Upbit, has been targeted in a major cyberattack. The incident saw approximately 54 billion Korean Won ($36.8 million) worth of Solana-based assets stolen from the platform, affecting over 17 different tokens including SOL and 2Z. The attack occurred early Thursday morning when an anomalous outflow on the Solana network was detected. Upbit halted all cryptocurrency deposits and withdrawals following the discovery of the attack. The stolen assets include SOL, 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SONIC, SOON, TRUMP, USDC, and W. To mitigate further losses, Upbit moved all user assets to secure cold wallets. The exchange is working with projects and authorities to freeze other stolen assets. While users are not expected to face any losses, the platform’s reserves will cover any resulting payouts. Investigations into how the attack was carried out are underway. This article does not provide financial advice.