alerts
Prabang exchange hot wallet breach: about $70K stolen, services paused
Korean exchange Prabang (also spelled Pravang) lost about 100 million won (roughly $70,000-$72,000) in a hot-wallet breach and suspended services. If you have an account there, check your activity through the official app and watch for fake follow-up messages.
October 30, 2026 · 1 min read
Affected: see below
What happened
Prabang, a crypto exchange covered mainly by Korean media, reported a breach of its hot wallet (the wallet an exchange keeps online for daily transactions). Reports put the loss at about 100 million won, roughly $70,000 to $72,000. The exchange suspended services and, according to one report, pledged compensation. The sources do not say how the attacker got in, and the name appears under several spellings.
Who is affected
People holding assets or accounts on the Prabang exchange, mostly in South Korea. The sources do not say exactly which users or coins were affected. Reports do not suggest that users elsewhere or on other platforms are at risk.
What to do now
- If you use Prabang, open its official app or site yourself (not from a message) and check your balances and recent activity.
- Wait for official statements from Prabang about when services resume and how compensation will work.
- Change your Prabang password and any password you reused elsewhere.
- Turn on an authenticator app or passkey for your account if available.
- Be wary of emails, texts or DMs claiming to be Prabang offering refunds or asking you to verify your wallet.
- Never share seed phrases, passwords or codes with anyone, even someone claiming to be support.
Our alerts never ask you to click a link, log in, "verify" a wallet or move funds. Expect scammers to copy this news: if a message about it asks for any of that, it's a scam.
Sources
- Prabang Hot Wallet Breach: $70,000 Loss, Oct. 24 [2026] - shattered.io (Google News)
- Prabang Suspends Services After 100 Million Won in Crypto Assets Stolen - Businesskorea (Google News)
- Prabang pledges compensation after hot-wallet breach - grafa.com (Google News)
- Can Prabang’s Crypto Hack Raise Security Fears Across the Market? - Kalkine Media (Google News)
- Crypto Exchange Prabang Loses 100 Million Won in Hack - Seoul Economic Daily (Google News)
- Crypto Exchange Peurabaeng Suffers KRW 100 Million Loss in Hack... "Suspends Services" - 아시아경제 (Google News)
- ‘My Coins Vanished Without Me Knowing’: About $72,000 Stolen From Pravang Exchange Leaves Users Reeling - bloomingbit (Google News)
Written by AI Security Watch from the sources above and published automatically. Education only, not financial advice.