Canadian crypto exchange Catalyx suspends trading and withdrawals due to 'security breach'
Catalyx, the Canadian cryptocurrency exchange, announced that its parent company CatalX CTX Ltd has suspended all trading, deposits, and withdrawals due to a security vulnerability that resulted in some customer fund losses. CatalX CTX stated in a press release that it has launched an investigation into the incident, which may involve an employee, and the specific amount of losses has not been disclosed. Last week, Canadian regulators ordered Catalyx to cease all cryptocurrency futures trading and investigate the company.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Shiba Inu Community Pushes Token Toward $0,001
Can You Turn $500 Into $500 With These Cryptocurrencies?
215 Arrested in South Korea’s $232M Crypto Scam
South Korean police have arrested 215 people for taking part in a massive crypto fraud scheme
BlackRock Launches BUIDL Fund on 5 Blockchains
BlackRock, the world’s largest asset manager, just took a big step in the crypto world