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
Over 92.3% Price Pump Await FLOKI Holders as the Memecoin Turned Altcoin Shows Strong Bullish Indicators
Monkey Tilt Raises $30M to Redefine Online Gaming with Crypto and Classic Casino Features
$47B in BTC may flow into Bitcoin L2s by 2030 — Galaxy Research
Mara Holdings raises $1B for Bitcoin acquisition, debt buyback