Gopax has halted all trading and moved all customer assets into cold wallets.
According to PANews, citing The Block, the South Korean exchange cited a spate of security vulnerabilities and data breaches at financial institutions as the reason for suspending all trading services. It took both steps at once: trading was halted, and assets were moved out of hot wallets.
· For Gopax users, assets are in cold wallets for now, and trading channels are closed.
· Because the suspension and transfer happened simultaneously, resuming service will involve more than simply reopening trading.
Which matters more to you: having assets stored in cold wallets, or knowing when trading will resume?
According to PANews, citing The Block, the South Korean exchange cited a spate of security vulnerabilities and data breaches at financial institutions as the reason for suspending all trading services. It took both steps at once: trading was halted, and assets were moved out of hot wallets.
· For Gopax users, assets are in cold wallets for now, and trading channels are closed.
· Because the suspension and transfer happened simultaneously, resuming service will involve more than simply reopening trading.
Which matters more to you: having assets stored in cold wallets, or knowing when trading will resume?
