Bitcoin24h $101,267.45-2.73%

Ethereum24h $3,316.42-4.00%

XRP24h $2.21-4.88%

BNB24h $945.83-1.43%

Solana24h $156.39-3.75%

TRON24h $0.2839-1.93%

Dogecoin24h $0.1601-4.40%

Cardano24h $0.5261-3.16%

Hyperliquid24h $38.69-6.85%

Chainlink24h $14.66-3.92%

WOO X continues to freeze withdrawals as hack details emerge

The Taiwan-based crypto exchange WOO X still hasn’t lifted its withdrawal freeze after $14 million in crypto was stolen in a phishing attack.

Crypto exchange WOO X suspends withdrawals, users hacked for $14M

Taiwan-based crypto exchange WOO X said it will cover the $14M worth of crypto stolen as part of the hack.

Crypto exchange BigONE revealed a $27M hack today, but crypto sleuths noted that it’s still accepting millions in scam funds.

The DeFi sector is a financial frontier zone, home to some of crypto’s riskiest experiments. As such, chaos isn’t the exception but the rule.

The alleged “IntelBroker” hacker was reportedly already arrested by UK police in 2018 over thousands of hoax bomb threats.