Upbit Hack Reveals System Vulnerability, Full Compensation Offered

South Korea’s largest cryptocurrency exchange, Upbit, suffered a major security breach resulting in the theft of $30-$36 million in Solana-based tokens on November 27, 2025. The hack exposed weaknesses in its wallet system, highlighting the growing vulnerability of crypto exchanges. Upbit is compensating users for their losses and freezing $8.2 million in stolen assets, impacting the cryptocurrency market. ]