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Hackers hacked the cryptocurrency exchange Upbit 159K times in H1: Report

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Startling statistics reveal that the numbers have surged at an astonishing rate, surpassing twice the figures documented in the initial half of 2022 and witnessing an astronomical 1,800% surge compared to the corresponding period in 2020, as reported by Dunamu. Upbit, a South Korean cryptocurrency exchange, has fallen victim to hacking attempts on over 159,000 instances during the first half of 2023, according to its operating entity. These staggering statistics were disclosed by Dunamu, the entity that holds the reins of Upbit, and subsequently relayed to South Korean Representative Park Seong-jung of the People Power Party, as disclosed in a report by the South Korea-based Yonhap News Agency dated October 9. Remarkably, this report highlights a remarkable 117% upswing from the statistics in the first half of 2022 and an astonishing 1,800% spike when compared to the same period in 2020. Upbit stands tall as one of South Korea’s foremost CRYPTOCURRENCY exchange s, boasting a...