Hackers Steal $14 Million From WOO X
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12 Articles
Hackers Steal $14 Million From WOO X
Taiwan-based crypto exchange WOO X halted withdrawals after a $14 million hack that affected nine user accounts with unauthorized withdrawals. The WOO X team said the breach was detected quickly, and the exchange had already contacted affected users and blocked a number of suspicious withdrawal attempts. “As we continue with the investigation, we can confirm losses of $14m from the affected accounts. These users will have all funds covered,” sai…
Woo X Halts Withdrawals After $14M Security Breach Hits User Accounts - FinanceFeeds
Crypto trading platform Woo X paused withdrawals on Thursday after a security breach led to unauthorized access and $14 million in losses across multiple user accounts. According to a post from the company on X, nine accounts were affected by the exploit. The platform said the issue was quickly identified and partially contained, with some unauthorized withdrawals blocked before completion. The company added that all impacted users have been con…
Key points of the news $14M stolen via phishing to employee; frozen withdrawals: Hackers drained 9 accounts during 2 hour window; WOO X keeps silent for 30+ hours without reactivation schedule. Specific freeze of memecoins: Melania Retreats (MEL), Fartcoin (FRTC), Trump (TRUMP) and Pengu (PENGU) suspended in addition to the general stoppage, enraging traders. Repeated security failures: After $26M exploit in Kronos API (2023); lack of transparen…
WOO X continues to freeze withdrawals as hack details emerge
The Taiwan-based crypto exchange WOO X still hasn’t lifted its temporary withdrawal ban after $14 million in crypto was stolen from users of the exchange via a phishing attack. The exchange’s latest statement on X (formerly Twitter) said it would provide an update once it has reopened its withdrawal systems. It also revealed that a phishing attack targeting one of its employees gave way to the hack that stole from nine user accounts. WOO X sai…
WOO X Probes $14M Security Breach Following Phishing Attack, Withdrawals Temporarily Suspended
Cryptocurrency trading platform WOO X reported that it is conducting an investigation into a contained security incident that took place earlier today. Trading operations and user funds remain unaffected, though withdrawals have been temporarily suspended as part of the ongoing inquiry. The incident involved unauthorized withdrawal activity impacting nine user accounts. The platform identified and responded to the issue promptly, pausing withdra…
Woo X Suffers $14M Hot Wallet Breach, Here's What Happened
Woo X just confirmed a hot wallet breach that briefly paused withdrawals on July 24. Around $12M–$14M moved across chains, touching BTC, ETH, BNB, ARB, and TRX. Nine user accounts were hit, but here’s the good news: Woo X says all affected funds will be fully reimbursed. The Woo X Breach In Summary It started with Cyvers Alerts, a blockchain security partner, flagging suspicious movements,including a $1M USDT transfer. Woo X responded fast. With…
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