South Korea's leading cryptocurrency exchange, Upbit, has placed IoTeX (IOTX) on its trading alert list following a private key breach on the IoTeX blockchain platform. The incident resulted in a loss of approximately $2 million. In response, Upbit has closed both deposit and withdrawal channels for IoTeX, with plans to only reopen withdrawal services in the future.
Upbit Suspends IoTeX Trading After $2 Million Private Key Breach
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