The currency circle suffered another black swan, Upbit in South Korea was stolen ETH worth 58 billion won
Author | Qin Xiaofeng
Editor | Hao Fangzhou
(picture fromCoinTelegraph）
Author | Qin XiaofengEditor | Hao Fangzhouimage description
(picture from
At 16:00 Beijing time today, the largest exchange in South Korea
Upbit Announcement
According to the report, 342,000 ETH, which is about 58 billion won or 350 million yuan, was suspected to have been stolen.
Upbit’s announcement shows that at 12:06 noon today, Beijing time, 342,000 ETH in Upbit’s hot wallet was transferred to an unknown wallet address, which is: 0xa09871aeadf4994ca12f5c0b6056bbd1d343c029.
The Odaily query found that the address is a new address with no previous transactions, and currently ranks 29th on the Ethereum rich list. In addition, the hacker has not yet split the 342,000 ETH.
When Upbit discovers this abnormal situation, it immediately takes the following actions:
Users will stop withdrawing coins in the next two weeks;
Upbit will supplement the 342,000 ETH assets that have been transferred with spare assets.
The transfer of other token assets from the hot wallet to the cold wallet storage has resulted in large transactions, which have also been reported by the media, but this is normal, and users should not worry.
Affected by this news, the encryption market fell for a short time, but the decline was limited, generally maintained at around 2%.
Ethereum enthusiast Han Shier told Odaily that the theft had little impact on the market.
"In terms of the amount of stolen funds this time, it is indeed relatively large. Fortunately, it is currently on the eve of the upgrade of Ethereum Istanbul and the bullish expectation of Bitcoin halving. Certain influence." Han Shier explained.
Kong Deyun, chief industry researcher at OKEx, also expressed optimism.
"This incident of Upbit's 'lost' Ethereum (whether it is lost or not is yet to be confirmed) will exacerbate market pessimism in the short term, or it will be the biggest negative event before the ETH upgrade, but in the long run, the proportion of the stolen total The circulation of ETH is less than 0.3%, so the impact will not be great." She said, "As an important pool of funds, the exchange has always been the key target of hackers, and the safety of funds has always been a dharma hanging over the exchange. Sword of Chris. For exchanges, protecting user funds is always more important than improving user experience."UpbitThe SlowMist security team suspects that the 342,000 ETH stolen from Upbit may be related to the APT (Advanced Persistent Threat) attack that has been active before. steal. Because Upbit discovered such attacks from North Korea at the beginning of the year. Of course, we cannot rule out the possibility of ghosts. In addition, Upbit's ETH hot wallet was stolen, and the cold wallet should be safe for the time being.
In fact, Upbit has not directly characterized the incident as a "hacking attack" until now, and this is not the first time that the exchange has expressed such a position.
