South Korea’s largest cryptocurrency exchange, Upbit, suffered a significant security breach involving the theft of approximately $36 million in assets from the Solana blockchain. The incident, reported to have begun around 4:42 am local time on [Insert Date], resulted in an unknown wallet receiving various cryptocurrencies from the Solana ecosystem, including SOL, USDC, BONK, RENDER, ORCA, JUP, PYTH and IO. Upbit claims that user assets remain untouched and they will cover all losses. Following the breach, platform deposit and withdrawal activities were halted as Upbit implemented security checks by freezing systems and transferring assets to cold wallets. While the team continues internal blockchain tracking, approximately 12 billion won worth of Solaire (LAYER) coins has been frozen. The exchange highlights its ongoing collaboration with related projects and authorities.