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19 February 2020

South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals

South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals


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Upbit, a top South Korea-based cryptocurrency exchange that lost $51 million worth of ether (ETH) to hackers last year, has announced that it has resumed deposits and withdrawals for the altcoin, reports Business Korea on January 14, 2019.

Notably, in a bid to safeguard its assets from future hacks, the exchange has made it clear that it has now replaced the previous ether wallet with a new wallet system and has asked users to take note of its new ether wallet addresses.

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