Hack Track: Upbit Cryptocurrency Exchange
Contents
Hack Track: Upbit Cryptocurrency Exchange
Merkle Science Hack Track provides digestible insights on the movement of stolen funds from the latest cryptocurrency heists.
[Scroll below to skip to our analysis of the stolen fund movements]
Who was hacked?
Upbit is a South Korean based cryptocurrency exchange operated by Danamu, which is backed by South Korean messaging giant Kakao. The exchange is one of the four largest in South Korea by volume alongside Korbit, Bithumb and Coinone.
What was stolen?
For now, it appears only ether (ETH) was stolen by the hackers.
How much was stolen?
ETH 342,000 (close to US$50 million at the time of the hack and US$50.2 million equivalent as of 10 December 2019).
When did the hack take place?
The ETH was transferred by the hackers to an unknown ethereum wallet address at 13:06 (Korean Standard Time, GMT+9) on November 27th, 2019.
It is likely the hackers would have gained access to UpBit’s servers several hours or possibly …
Merkle Science Hack Track provides digestible insights on the movement of stolen funds from the latest cryptocurrency heists.
[Scroll below to skip to our analysis of the stolen fund movements]
Who was hacked?
Upbit is a South Korean based cryptocurrency exchange operated by Danamu, which is backed by South Korean messaging giant Kakao. The exchange is one of the four largest in South Korea by volume alongside Korbit, Bithumb and Coinone.
What was stolen?
For now, it appears only ether (ETH) was stolen by the hackers.
How much was stolen?
ETH 342,000 (close to US$50 million at the time of the hack and US$50.2 million equivalent as of 10 December 2019).
When did the hack take place?
The ETH was transferred by the hackers to an unknown ethereum wallet address at 13:06 (Korean Standard Time, GMT+9) on November 27th, 2019.
It is likely the hackers would have gained access to UpBit’s servers several hours or possibly …
IoC
5e032243d507c743b061ef021e2ec7fcc6d3ab89
a09871AEadF4994Ca12f5c0b6056BBd1d343c029
a09871AEadF4994Ca12f5c0b6056BBd1d343c029