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Alert
Upbit Confirms $36M Hack of Solana Wallet: Assets Drained and Dumped
11/27/2025, 15:45
11/27/2025, 16:06
AI SUMMARY
●Upbit confirmed unauthorized access to a Solana wallet resulting in a $36M loss.
●The hacker drained and dumped over 20 tokens including RAY, ORCA, and BONK.
●Approximately $8M of the stolen funds have been frozen.
Upbit has officially confirmed unauthorized access to one of its Solana wallets earlier today. The breach resulted in a loss estimated at approximately $36 million, involving the draining of over 20 different tokens, including RAY, ORCA, and BONK. The attacker reportedly dumped the stolen assets shortly after the breach.
According to security reports and confirmation from the exchange, approximately $8 million of the stolen funds have already been frozen. The incident highlights significant vulnerabilities regarding Solana ecosystem assets held on centralized exchanges.
[Update 1] The hack involved the draining of over 20 different tokens. While the total loss is estimated at $36M, security measures have successfully frozen approximately $8M of the stolen funds.