Upbit is cryptocurrency that is managed by the south Korean exchange. It is one of the biggest functioning cryptocurrency for carrying out exchange before it was hacked and almost all it funds were lost to a hacking group. However, it is still on the watch of investigating if the stolen funds can be recovered as any point in time. Before it was bridged there was a disturbance in the network flow within the platform and many other inrelevent activity began to pop up unnecessarily on the platform. It lost virtually all it assets, worth 342,000 ethereum which is valued at a price worth of $51 million and has been confirmed to be a planned process by some of the company's workers often called an Insider Job. However, it was able to cover for all losses that it was hit with.
In the month of January,2020 it suspended services some as to organise and carry out a brief service and platform maintenance in other to reframe the four walls of the company. Ethereum is one of the highest and largely stored cryptocurrency on the Upbit platform today.