Illustration: A heavy steel vault door stands slightly open in a dim room, with a small padlock hanging on its handle and a faint blue glow spilling out from inside.

CryptoSouth Korea

South Korea's Gopax halts trading and withdrawals after hacking threat

Gopax stopped withdrawals and trading on Friday after a hacking-threat email. It is moving all held assets to cold wallets, and no loss has been reported so far.

Scroll to read
Illustration

Crypto ·

South Korean crypto exchange Gopax halted standard withdrawals at 2:55 p.m. on Friday. It stopped trading at 3:53 p.m. the same day.

Crypto

The exchange acted after receiving an email that threatened a hack. It is moving all the assets it holds to cold wallets, which are storage kept offline and so harder to attack.

Crypto

No loss has been reported so far.

Where
South Korea
Published
Section
Crypto

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
Illustration

Back to the front page

More news

Holding Bitcoin cryptocurrency coinCrypto risingBitcoin slides toward $75,000 as tech stocks sell offBitcoin dropped toward $75,000 after a broad sell-off in technology stocks, giving up gains made after the election. Recovery looks fragile as investors stay cautious.Bitcoindown −11.51%1 monthIllustration: Seen from across a quiet street at dusk, a large government building has a single lit window on an upper floor while a sealed envelope sits on a stone ledge in the foreground.Crypto risingWhite House starts review of SEC crypto broker-dealer draftOn Nov. 3, the White House office that reviews regulations recorded receiving an SEC draft about broker-dealers and crypto. The text has not been released, so how it would affect brokerages that hold crypto is unclear.Illustration: Inside a dim server hall, a single rack door stands slightly open with a faint glow spilling onto the floor between long rows of dark machines.CryptoBinance hackers had eight weeks of access before $6.3 billion exploitSecurity Alliance estimates hackers had access to Binance for eight weeks before a $6.3 billion exploit. Elliptic says they swapped $50 million of stolen XRP, mostly into bitcoin.XRPdown −20.23%1 monthCasascius coinCryptoBitcoin and Ether ETFs lose $530 million in a day as Bitcoin dips under $76,000US funds that hold Bitcoin and Ether saw about $530 million leave in one day, reversing the prior session's inflows. Bitcoin fell below $76,000 and Ether dropped 8.5% to $2,220.Bitcoindown −11.51%1 monthEisenhower Executive Office Building 20240601CryptoCrypto 401(k) rule and SEC broker proposal reach White House reviewTwo federal rules tied to crypto have gone to the White House for review. One would let 401(k) plans offer crypto, and the other covers financial rules for crypto brokers.Bitcoindown −11.51%1 monthPudong Shanghai November 2017 panoramaCryptoSolana Foundation postpones Shanghai event after attendees find officers at venueThe Solana Foundation postponed the morning session of its Shanghai event on October 16 after attendees could not enter. The episode raises questions about how China's crypto restrictions apply to such gatherings.Solanadown −24.98%1 month