🚨 Upbit CEO publicly apologizes: confirms a loss of approximately 44.5 billion KRW in assets, reiterates full compensation for users. Dunamu CEO Wu Jingxi issued an apology letter stating that this security breach was caused by poor security management at Upbit, with no excuses to be made. They will report the cyber attack incident to the relevant authorities in South Korea in accordance with applicable laws and regulations and investigate the cause and scale of the incident. Upbit analyzed a large number of public on-chain transaction records. They discovered a security vulnerability that allowed private keys to be inferred, which has now been fixed. Upbit has suspended digital asset deposits and withdrawals and is tracking and freezing digital assets that have been transferred outside the Upbit platform. Upbit confirms that approximately 44.5 billion KRW in assets have been affected (about 30 million USD), of which user assets amount to about 38.6 billion KRW, with approximately 2.3 billion KRW frozen, and their own assets amount to about 5.9 billion KRW. Upbit reiterates that it has used assets held by Upbit to provide users with full compensation. Upbit is currently undergoing a comprehensive overhaul of its wallet system, and once the system is stable, digital asset deposits and withdrawals will be immediately restored.