CoinOtag
2025-12-10 17:15:19

Upbit Raises Cold Storage to 99% After Solana Breach as Korea Eyes Bank-Level Rules

Upbit, South Korea's largest cryptocurrency exchange, has increased its cold storage ratio to 99% following a multimillion-dollar Solana breach in late November. This security enhancement moves nearly all customer assets offline, exceeding national requirements and global standards to better protect users from future hacks. Upbit's cold storage upgrade to 99% significantly reduces hot wallet exposure [...]

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