$ 14 million Woo X exploitation linked to the targeted hunting attack star-news.press/wp

Crypto Exchange Woo X reported a security breach on July 24 that led to unauthorized withdrawals with a total of $ 14 million through nine accounts for users.

The company said on July 24 statement The exploitation stems from the team of the team member who is at risk in the targeted hunting attack. This allowed the attacker the limited access to the stock market development environment.

The first harmful withdrawal started at 13:50 UTC+8, and over the following two hours, more transactions occurred. By 15:40 UTC+8, the problem was identified and contained. While some attempts were stopped in time, $ 14 million was successfully drained before the breach was stopped.

Blockchain Cyvers Security Alerts A mark has been placed More than $ 12 million in suspicious activity connected to Woo X shortly after the accident. Common transactions included a million dollars in Tether (USDT) sent from the Woo X Hot portfolio, which was converted to ETHEREUM (ETH), then moved to a new address, along with BTCB and BNB (BNB) transactions on the BNB series. Woo X stated that all affected users will be fully compensated.

The withdrawals stopped with the continuation of the investigation

Withdrawals through the platform were suspended as a preventive measure, as the stock market said it gives priority to fully forensic review and restore safe services. “We are working with external security teams and other exchanges to stop the flow of money,” the company mentioned.

Woo X has published six headlines linked to the attacker and tracks the stolen money activity across the chains. A timetable for regaining withdrawals will be revealed once a full forensic review is complete.

The company confirmed that the violation was limited to nine high -value accounts and that the basic infrastructure is still safe.

The accident adds to an increasing number of central exchange violations in July. On July 19, CoINDCX was exploited for $ 44.2 million via SolaNA-To-ETHEREUM Bridge, while Bigone lost more than $ 27 million earlier this month from penetrating a hot portfolio.