Canadian crypto exchange halts withdrawals, trading after ‘security breach’

Catalyx suspects the security breach, which resulted in undisclosed losses, may have involved one of its own employees.

Canadian crypto exchange Catalyx has halted withdrawals and suspended all trading activity on its platform following the discovery of a “security breach,” which it suspects may have involved one of its own employees.

“Management suspects that this security breach, which may involve an employee, has resulted in the loss of a portion of the crypto assets held by the Company on behalf of its clients,” wrote Catalyx in a Dec. 28 statement.

Catalyx did not disclose how much of its crypto assets had been lost to the breach.

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Source: https://cointelegraph.com/news/canadian-crypto-exchange-catalyx-suspends-withdrawals-halts-trading-security-breach