On the fateful day of July 24, our esteemed crypto exchange, WOO X, was beset by a most unfortunate security breach, whereby unauthorized withdrawals were made, reaching the staggering sum of $14 million across a mere nine user accounts. A veritable tragedy, one might say! 😱
- The calamity of WOO X can be traced back to a most devious phishing attack, aimed directly at our dev environment. Quite villainous, indeed!
- A total of nine accounts found themselves ensnared in this distressing affair; fret not, for all losses shall be reimbursed, because who doesn’t love a good refund? 💰
- The platform, in a fit of prudence, has suspended withdrawals whilst a thorough security audit is undertaken. Safety first, dear friends!
In a declaration made on the same day, the company disclosed that the source of this exploit was none other than a compromised device belonging to a hapless team member, a victim of this targeted phishing attack. This breach afforded the attacker a most limited, yet most alarming, access to our precious development environment.
The initial withdrawal of ill-gotten gains commenced at 13:50 UTC+8, with subsequent transactions occurring during the two hours that followed. By 15:40 UTC+8, the matter was identified and contained—albeit not before $14 million had been filched from the vaults of despair. 🎭
We are diligently investigating this contained incident that so rudely transpired on WOO X earlier today.
Whilst user funds and trading prowess remain unscathed, withdrawals shall remain on pause for the time being while we sift through the remnants of this unfortunate scandal.
Pray, remain attentive to this account for forthcoming updates:
— WOO X (@_WOO_X) July 24, 2025
In the aftermath, the savvy blockchain security firm, Cyvers Alerts, hastily flagged over $12 million in dubious activity related to our beleaguered WOO X, shortly after this regrettable incident. Transactions included an artful $1 million in Tether (USDT), whimsically conjured from a WOO X hot wallet, converted to Ethereum (ETH), and then spirited away to a new address—what a dance with destiny! Alongside were transactions of BTCB and BNB (BNB) on BNB Chain, the shadowy dealings of our uninvited guest.
Withdrawals Suspended: The Investigation Unfolds
As a prudent measure, withdrawals across the platform have been temporarily halted, whilst the exchange ardently pursues a comprehensive forensic review to restore order to this chaotic realm. “Rest assured, we are partnering with external security teams and other exchanges in a valiant effort to arrest the flow of these wayward funds,” stated the company, speaking bravely amidst the turmoil.
In an effort to reclaim what has been lost, WOO X has publicly divulged six wallet addresses intimately associated with the nefarious attacker and is diligently tracking the stolen bounty across the vast expanses of the blockchain. A timeline for restoring the ability to withdraw shall be bestowed upon us when the forensic review reaches its enlightening conclusion.
The company wishes to reassure all that this breach was regrettably confined to nine high-value accounts, whilst the core infrastructure continues to stand unwavering and secure—like a valiant knight in shining armor! 🛡️
This unfortunate incident merely adds to the burgeoning list of centralized exchange breaches witnessed within the month of July. Just days prior, on July 19, CoinDCX found itself victim to an astonishing $44.2 million exploit via a Solana-to-Ethereum bridge, whilst BigONE succumbed to a $27 million loss at the hands of a treacherous hot wallet hack.
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2025-07-25 07:35