We present updated results for $varepsilon_K$ determined directly from the standard model (SM) with lattice QCD inputs such as $hat{B}_K$, $|V_{cb}|$, $|V_{us}|$, $xi_0$, $xi_2$, $xi_text{LD}$, $F_K$, and $m_c$. We find that the standard model with exclusive $|V_{cb}|$ and other lattice QCD inputs describes only 70% of the experimental value of $|varepsilon_K|$ and does not explain its remaining 30%, which leads to a strong tension in $|varepsilon_K|$ at the $4sigma$ level between the SM theory and experiment. We also find that this tension disappears when we use the inclusive value of $|V_{cb}|$ obtained using the heavy quark expansion based on QCD sum rules.