In the previous week, a hacker stole $50 million worth of Ethereum from Upbit crypto exchange based in Korea. The hacker has been transferring funds to unknown accounts and in the latest one, he moved $4.65 million in ETH to an unknown wallet. It was the major hack that Upbit faced on 27th November as a hacker was able to steal worth $50 million ETH from its hot wallet. But the exchange made an announcement that this hack will not affect the users the exchange from its own assets would compensate the lost funds.