XT Exchange Hacked
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XT Exchange has suddenly announced that it is suspending all withdrawals after discovering a security breach that resulted in the theft of approximately $1.7 million in user assets.
According to initial statements, the hack targeted hot wallets that hold digital assets to facilitate instant transactions.
The platform has temporarily suspended withdrawals to investigate the incident and ensure that no more funds are at risk.
XT Exchange has confirmed that it is working to improve its security architecture to enhance user protection.
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The platform may face legal challenges and claims from users to recover stolen funds.
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