There has been another major incident in South Korea. A leading trading platform experienced a wallet attack in the early hours of November 27, directly evaporating 38.5 million USD in assets — that's right, it's the kind of feeling you get when you wake up in the morning and find your wallet has been emptied.

This operation occurred at 4:42 AM Korean time, with hackers targeting assets on the Solana chain. Ecological tokens such as SOL, USDC, and BONK were all affected. The blockchain security team PeckShield was quick to notice something was off through on-chain data before the platform officially announced it, sounding the alarm directly on social media. They initially estimated losses at 36 million dollars, but the platform later confirmed the actual number was even higher.

The platform's CEO Wu Jiao Xi urgently disclosed details: After discovering the anomaly, the technical team swiftly transferred the remaining funds in the affected Wallet to cold storage, while cutting off all deposit and withdrawal channels. Currently, they have jointly frozen Solaire tokens worth 12 billion won with the project party and are still tracking the flow of other stolen assets.

The most crucial thing is the attitude—the platform has clearly stated that users will not bear this loss, and all losses will be covered by the internal reserve fund. User account balances remain unchanged; whatever is owed will still be owed. Such a commitment is rare in the industry, as we have seen too many "users sharing the losses" operations.

That said, 38.5 million dollars is not a fatal blow for a large platform, but the security audit has indeed sounded the alarm. The transaction speed on the Solana chain is fast, but the wallet security still needs more locks.