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11/28/2024 2:49:16 PM (GMT+1)

XT.com suspended withdrawals after a suspected hack of $1.7 million, citing "unusual asset transfer" and wallet update 🔒

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Cryptocurrency exchange XT.com suspended withdrawals amid a suspected hack of $1.7 million. On November 28, the exchange announced a "wallet update and maintenance," but analysts from PeckShield reported a possible hacking incident. XT.com acknowledged "an unusual transfer of assets" and assured that the incident would not affect users, as the exchange's reserve assets exceed user funds by 1.5 times. The stolen funds were converted into 461.58 ETH.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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