Data leak
[loss] $2M+
"Crypto exchange XT.com suspends withdrawals after suspected $1.7M hack"
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
- 2024-11-28 Breach occurred
- 2024-11-28 Publicly disclosed