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Canadian crypto exchange Catalyx suspends trading and withdrawals due to 'security breach'

Canadian crypto exchange Catalyx suspends trading and withdrawals due to 'security breach'

CointimeCointime2023/12/29 00:43
By:Cointime

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.

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