WOO X Exchange Hacked – 14 million USD stolen from user accounts

WOO X Exchange suspended transactions after a hack that stole 14 million USD from user accounts. Initially, the estimated loss was reported as 12 million USD, later revised to 14 million USD. The breach notably did not target company wallets, indicating a focused attack on specific users.

WOO X has been transparent with updates and is collaborating with security teams to recover the stolen funds. Despite the unfortunate event, the exchange’s swift communication demonstrates its commitment to user safety amid a rising trend of crypto hacking incidents.