A recent security breach at South Korean cryptocurrency exchange Upbit has left investors reeling. Around $36 million worth of Solana assets were stolen from the platform, but the company is taking steps to recover the funds and protect user assets. Upbit’s parent company, Dunamu Inc., suspended all Solana-related transactions following the incident and launched a thorough security review. The impact on the Solana network was significant, with affected tokens such as ORCA, DOOD, and RAY experiencing price surges followed by periods of volatility. 24-hour trading data reveals that some low-cap tokens saw dramatic increases in value while others experienced sharp declines. Upbit has since implemented measures to secure their platform and prevent further incidents. Dunamu CEO Oh Kyung-seok assured users that their assets are protected, noting the company’s commitment to preventative measures. Expert security researchers suggest strengthening blockchain security protocols and implementing stricter regulations as a response to past breaches. The recent Solana theft follows a similar event in 2019 where Upbit suffered a significant Ethereum hack, highlighting recurring vulnerabilities within the cryptocurrency ecosystem.