Data leak [loss] $2M+

"Crypto exchange XT.com suspends withdrawals after suspected $1.7M hack"

2024-11-28 [vendor] XT.com
Primary Source ↗
Financial Loss $1.7M (1,700,000 USD)

Incident Details

On November 28, cryptocurrency exchange XT.com abruptly suspended withdrawals, citing a “wallet upgrade and maintenance”. However, after a blockchain security firm identified $1.7 million in suspicious transfers, XT.com acknowledged that they had “detected an abnormal transfer from our platform wallet”. According to an announcement, the stolen funds were company assets, rather than cryptocurrencies belonging to users.

Total loss estimated at $1,700,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
XT.com

Timeline

  1. 2024-11-28 Breach occurred
  2. 2024-11-28 Publicly disclosed