The post Upbit Recovers $36 Million Solana Assets Post-Security Breach appeared on BitcoinEthereumNews.com. Key Points: Upbit uncovered $36M theft from Solana network, pledges user protection. Investors witness abrupt price increases in Solana tokens. Efforts lead to partial asset freezing and in-depth security audit. On November 27, 2025, South Korean cryptocurrency exchange Upbit detected an unauthorized transfer of approximately 54 billion Korean won ($36 million) in Solana assets to an unknown external wallet. The incident highlights security vulnerabilities within the Solana network, triggering significant price fluctuations in affected tokens and raising concerns about asset protection across cryptocurrency platforms. Uncovering Upbit’s Solana Breach and Market Reaction The November 27 breach involved the transfer of around $36 million in Solana network assets from Upbit to an unidentified external wallet. Affected tokens include ORCA, DOOD, RAY, and others. Dunamu Inc., Upbit’s parent company, suspended all Solana-related transactions and launched a deep security review to prevent further issues. Market dynamics shifted as Solana tokens experienced volatility. Low-cap token prices soared, including significant increases in ORCA and MET2, evidencing speculation and reduced liquidity stability. These impacts prompted Upbit to move assets to cold storage and intensify their security protocols. To prevent any damage to member assets, the entire amount will be covered by Upbit’s holdings. We would like to reiterate that this will not affect member assets. — Oh Kyung-seok, CEO of Dunamu/Upbit Historical Context and Expert Security Recommendations Did you know? Solana’s ecosystem vulnerability is reminiscent of a 2019 incident when Upbit faced an ETH hack losing approximately $50 million, similar in scale and impact. Orca’s current price stands at $1.73, showing a 60.77% increase over 24 hours. The trading volume reached $206,449,546, reflecting a notable 2942.44% rise. Despite these gains, Orca’s price dropped 24.38% over 90 days. CoinMarketCap attributes this volatility to recent Solana-associated events. Orca(ORCA), daily chart, screenshot on CoinMarketCap at 08:22 UTC on November 27,… The post Upbit Recovers $36 Million Solana Assets Post-Security Breach appeared on BitcoinEthereumNews.com. Key Points: Upbit uncovered $36M theft from Solana network, pledges user protection. Investors witness abrupt price increases in Solana tokens. Efforts lead to partial asset freezing and in-depth security audit. On November 27, 2025, South Korean cryptocurrency exchange Upbit detected an unauthorized transfer of approximately 54 billion Korean won ($36 million) in Solana assets to an unknown external wallet. The incident highlights security vulnerabilities within the Solana network, triggering significant price fluctuations in affected tokens and raising concerns about asset protection across cryptocurrency platforms. Uncovering Upbit’s Solana Breach and Market Reaction The November 27 breach involved the transfer of around $36 million in Solana network assets from Upbit to an unidentified external wallet. Affected tokens include ORCA, DOOD, RAY, and others. Dunamu Inc., Upbit’s parent company, suspended all Solana-related transactions and launched a deep security review to prevent further issues. Market dynamics shifted as Solana tokens experienced volatility. Low-cap token prices soared, including significant increases in ORCA and MET2, evidencing speculation and reduced liquidity stability. These impacts prompted Upbit to move assets to cold storage and intensify their security protocols. To prevent any damage to member assets, the entire amount will be covered by Upbit’s holdings. We would like to reiterate that this will not affect member assets. — Oh Kyung-seok, CEO of Dunamu/Upbit Historical Context and Expert Security Recommendations Did you know? Solana’s ecosystem vulnerability is reminiscent of a 2019 incident when Upbit faced an ETH hack losing approximately $50 million, similar in scale and impact. Orca’s current price stands at $1.73, showing a 60.77% increase over 24 hours. The trading volume reached $206,449,546, reflecting a notable 2942.44% rise. Despite these gains, Orca’s price dropped 24.38% over 90 days. CoinMarketCap attributes this volatility to recent Solana-associated events. Orca(ORCA), daily chart, screenshot on CoinMarketCap at 08:22 UTC on November 27,…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more