North Korea Behind Massive Ethereum Heist from Upbit, Confirms South Korea
South Korean media has confirmed that North Korea was responsible for the theft of 342,000 Ethereum tokens from the Upbit exchange back in 2019. The value of the stolen assets is estimated at around 58 billion Won, equivalent to $41.5 million. This revelation has renewed discussions about crypto security and the implications of state-sponsored attacks on cryptocurrency exchanges. As the crypto community reflects on this incident, awareness of the need for enhanced security measures remains a top priority. Vigilance is essential to prevent future breaches of this scale.
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