A popular cryptocurrency trading platform has been hit by a hack, with millions of dollars reportedly missing.
Cryptocurrency trading platform WOO X faced a major security breach in its history today.
According to blockchain security monitoring firm Cyvers Alerts, over $12 million in assets were withdrawn from the platform as a result of suspicious transactions involving the Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and Arbitrum (ARB) networks.
“Our system has detected numerous suspicious transactions related to WOO X, resulting in losses exceeding $12 million in total across the BTC, ETH, BNB, and ARB networks,” Cyvers Alerts said on social media.
Some of the notable transactions were as follows:
The WOO X team released an official statement regarding the incident, confirming that unauthorized withdrawals occurred on nine user accounts. The company stated, “We have contacted the affected users and will fully compensate for any unauthorized withdrawals.”
Stating that they have temporarily suspended withdrawals in order to prevent further possible risks, the platform used the following statements:
