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A major security incident at Upbit has revealed a striking imbalance between what hackers chose to drain in volume and where the real financial damage occurred, raising fresh questions about risk controls at South Korea’s largest exchange. While more than 100 billion BONK tokens were stolen in las

South Korea is preparing to impose bank-level, no-fault liability standards on cryptocurrency exchanges following Upbit's $30 million security breach, shifting regulatory oversight to match traditional financial institutions. The Financial Services Commission is reviewing provisions that would requ