In the grand theater of modern commerce, where digital gold is the new barter, Upbit, South Korea’s crypto titan, now clutches its treasures as if to a mother’s breast, sequestering 99% of user assets in the icy vaults of cold storage. A recent heist, where cyber-pirates plundered 44.5 billion KRW from a Solana hot wallet, has driven this noble exchange to forsake the warmth of hot wallets, embracing the frosty security of offline realms. One might chuckle at the irony: the very regulations that once demanded 80% cold storage now seem quaint, as Upbit ascends to 99%, a paragon of prudence or a fortress of fear? Only time will whisper the answer. 🤔❄️
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2025-12-10 10:38