UPbit, a prominent South Korean cryptocurrency exchange, revealed it suffered 159,061 hacking attempts during the first half of this year, according to data shared by the firm’s operator, Dunamu, with South Korean politician Rep. Park Seong-jung.
The data paints a stark picture of growing risks as hacking attempts skyrocketed from 8,356 in the latter half of 2020 to more than 159,000 in the first half of this year. In practical terms, this equates to an alarming 1,800% surge in attacks on UPbit over the past three years.
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