South Korean Karaoke Platform SOMESING Faces Major SSX Token Hack
1 month ago 1 min read

This crypto exchange loses over $10 million to hackers

Over the weekend, SOMESING, a popular South Korean karaoke service, was hacked, resulting in the theft of hundreds of millions of SSX tokens. Following the incident, several South Korean crypto exchanges, including Upbit, Bithumb, and Coinone, have issued warnings to users and taken immediate steps to reduce potential investor risks. On January 29, Upbit, South Korea’s largest crypto exchange, issued a press release informing users of the SSX token hack and outlining precautionary measures to address the situation. Upbit and other exchanges responded to SOMESING’s request by temporarily suspending SSX token deposits and withdrawals. According to the press release, Upbit