GOPAX, a South Korean crypto exchange, has paused trading, deposits, and standard withdrawals following a hacking threat. The company says it is moving all of its assets into cold storage while the situation is handled. Customers can still request manual withdrawals by contacting customer support.

It's a reminder of how quickly an exchange's operations can be disrupted by security concerns, and why many users keep an eye on where their funds are held. Have you ever checked how an exchange stores its assets?

Source: https://cointelegraph.com/news/gopax-halts-crypto-trading-withdrawals-cold-storage

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