Articles for tag: blockchain security, cryptocurrency hack, digital asset theft, security protocols, user protection, withdrawal suspension, XT Exchange

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XT Exchange Hacked: $1.7 Million in Cryptocurrency Stolen, Withdrawal Services Suspended Amid Security Concerns

On November 28, 2024, cryptocurrency exchange XT.com suspended all withdrawals after a suspected hack led to the theft of around $1.7 million in digital assets. Initially, the exchange attributed the suspension to “wallet upgrade and maintenance.” However, a blockchain security firm, PeckShield, confirmed unusual transfers from XT.com’s wallets. The hacker exchanged the stolen funds into ...

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