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XT Exchange Suspends Virtual Assets Withdrawal…Paxful "Adjusting for Hacking Damage"

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YM Lee
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  • XT Exchange announced that it has suspended all virtual assets withdrawals.
  • This is after approximately 1.7 million dollars worth of virtual assets were hacked.
  • Paxful stated that the hacker converted the stolen funds into Ethereum.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Global virtual asset (cryptocurrency) exchange XT Exchange announced that it has suspended all virtual asset withdrawals.

On the 28th (local time), XT Exchange announced through its official channel that "all coin withdrawals have been suspended due to urgent upgrades and maintenance."

However, the entire platform Paxful stated, "It appears that approximately 1.7 million dollars worth of virtual assets were hacked from XT Exchange, and the hacker converted the stolen funds into Ethereum."

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