Bitcoin
Bitcoin (BTC)
$66,966.00 4.71532
Bitcoin price
Ethereum
Ethereum (ETH)
$3,518.80 2.44666
Ethereum price
BNB
BNB (BNB)
$593.96 3.95623
BNB price
Solana
Solana (SOL)
$169.08 6.10436
Solana price
XRP
XRP (XRP)
$0.5760680 0.87206
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 3.24166
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000127 9.54345
Pepe price
Bonk
Bonk (BONK)
$0.0000315 18.32193
Bonk price
Bitcoin
Bitcoin (BTC)
$66,966.00 4.71532
Bitcoin price
Ethereum
Ethereum (ETH)
$3,518.80 2.44666
Ethereum price
BNB
BNB (BNB)
$593.96 3.95623
BNB price
Solana
Solana (SOL)
$169.08 6.10436
Solana price
XRP
XRP (XRP)
$0.5760680 0.87206
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 3.24166
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000127 9.54345
Pepe price
Bonk
Bonk (BONK)
$0.0000315 18.32193
Bonk price
Bitcoin
Bitcoin (BTC)
$66,966.00 4.71532
Bitcoin price
Ethereum
Ethereum (ETH)
$3,518.80 2.44666
Ethereum price
BNB
BNB (BNB)
$593.96 3.95623
BNB price
Solana
Solana (SOL)
$169.08 6.10436
Solana price
XRP
XRP (XRP)
$0.5760680 0.87206
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 3.24166
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000127 9.54345
Pepe price
Bonk
Bonk (BONK)
$0.0000315 18.32193
Bonk price
Bitcoin
Bitcoin (BTC)
$66,966.00 4.71532
Bitcoin price
Ethereum
Ethereum (ETH)
$3,518.80 2.44666
Ethereum price
BNB
BNB (BNB)
$593.96 3.95623
BNB price
Solana
Solana (SOL)
$169.08 6.10436
Solana price
XRP
XRP (XRP)
$0.5760680 0.87206
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000179 3.24166
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000127 9.54345
Pepe price
Bonk
Bonk (BONK)
$0.0000315 18.32193
Bonk price

Upbit exchange hacking attacks doubled in 2023

upbit-exchange-hacking-attacks-doubled-in-2023
Edited by
News
Upbit exchange hacking attacks doubled in 2023

South Korea’s largest exchange, Upbit, suffered 159,061 attacks during the first half of 2023.

According to the local media Yonhap, it is nearly 2.17 times more than in 2022.

To fight back against the increasing trends of hacking attacks, the company increased the portion of funds it held in cold wallets by 70%. It also grew the security levels for its hot wallet funds.

Upbit is currently one of the leading cryptocurrency exchanges in South Korea. The company has a trading volume of nearly $1.2 billion.

Due to Binance regulatory issues, the company increased its market share by 5.5%. Upbit is gaining traction and attracting users in the competitive cryptocurrency exchange landscape.

In 2019, the exchange experienced a significant hack, losing $51 million worth of Ethereum (ETH). Despite this setback, Upbit resumed its normal operations after a two-month hiatus, demonstrating its resilience and commitment to providing a secure platform for users.

In addition to its activities in the crypto space, Upbit has expanded its brand presence through sports sponsorship. The exchange partnered with Napoli, a football club in Italy’s Serie A and Coppa Italia competitions. This move showcases Upbit’s willingness to explore new avenues for brand promotion and reach a wider audience.