Upbit hack

[cryptomanz]

Upbit was hacked for 342,000 ETH and various other altcoins, totally an insider job. You can see the etherscan transaction here https://etherscan.io/address/a09871a...56bbd1d343c029 labelled "Upbit hacker". Upbit stating they'll fully cover the loss. https://www.coindesk.com/crypto-exch...f-49m-in-ether

I believe the markets will recover from this quickly, what do you think?

[ytcookie]

They said there was a short window where the hot wallet was vulnerable for funds to be stolen, so only person who would've known when that short time window was available must be an Upbit employee

[kangarooski]

and then there was none -> https://etherscan.io/address/a09871a...56bbd1d343c029

[ADA boy]

wow, they stole tons of EOS too, and OMG, XLM, and other alts. Crazy! Hope the assholes get busted!