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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…

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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…

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Cointelegraph broke the news in on Thursday, July 24, 2025.
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