Trading platform WOO X pauses withdrawals after $14M breach
The hack only affected a limited number of user wallets, but withdrawals have been temporarily paused for additional safety, the team said.
Crypto trading platform Woo X paused withdrawal services after a cybersecurity breach affected several accounts, leading to $14 million in losses.
Nine user accounts experienced “unauthorized withdrawals” on Thursday, the Woo X team said in an X post. The team added that the incident has since been contained:
Cointelegraph reached out to Woo X but was unable to obtain a response from the trading platform by the time of publication.