⚖️ South Korea to allow crypto withdrawals to be frozen amid hacking threats

South Korea announced that it may freeze cryptocurrency withdrawals when there are hacking threats, following recent incidents at local exchanges. The measure comes in response to the theft of $70,000 from exchange Prabang’s hot wallet and GOPAX’s preventive suspension of services, with the aim of protecting users.

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Source: Cointelegraph · https://cointelegraph.com/news/south-korea-crypto-withdrawal-freezes-suspected-hacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound