Upbit’s Six-Month Rollercoaster: Endless Hacker Attempts
In the first half of 2023, the crypto exchange Upbit faced 159,000 attacks, marking a 117% surge from early 2022 figures. These persistent threats pushed the exchange to transfer up to 70% of its funds to cold wallets and to ramp up its security measures. However, despite these precautions, the exchange mistakenly recognized fake APT deposits as legitimate.
In the first half of 2023, the crypto exchange Upbit faced 159,000 attacks, marking a 117% surge from early 2022 figures.
These persistent threats pushed the exchange to transfer up to 70% of its funds to cold wallets and to ramp up its security measures.
However, despite these precautions, the exchange mistakenly recognized fake APT deposits as legitimate.
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