Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Catalyx cryptocurrency exchange halts all trading after security breach
ADOPTION NEWS

Catalyx cryptocurrency exchange halts all trading after security breach

By Crypto FlexsDecember 29, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Catalyx cryptocurrency exchange halts all trading after security breach
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

CataX CTS Ltd., which operates Calgary-based cryptocurrency trading platform Catalyx, said Thursday that it has suspended trading and fund withdrawals from exchanges affected by a recent security breach.

The suspension follows a trading halt order issued by the Alberta Securities Commission on December 21 against the company and its co-founder, Chairman Jae-Ho Lee.

After a security breach resulted in the loss of some cryptocurrency assets for Catalyx customers, the company began investigating suspicions that its employees were involved in the incident.

CataX did not disclose the exact amount of its losses and did not immediately respond to The Block’s email inquiry for more details.

CataX said global financial audit firm Deloitte LLP would “provide forensic and investigative services to the company” to investigate the incident. The company said in a statement that it plans to update users after Deloitte completes its investigation.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025
Add A Comment

Comments are closed.

Recent Posts

Alps Blockchain Announces Corporate Rebranding To Alps

October 22, 2025

Why Most Crypto Cities Fail: The Surprising Reason Revealed

October 22, 2025

A retail rail can push $2 million a day out of the chain.

October 22, 2025

Bitcoin Futures Traders Return to Pumping BTC: Will It Last?

October 21, 2025

Bank of England to introduce stablecoin regulations by 2026

October 21, 2025

LayerZero Outlook: ZRO Price Imminent Ahead of $43 Million Token Unlocking.

October 21, 2025

Bombastic Casino Unveils New Design And Enhanced Features

October 21, 2025

Leading A New Era Of AI Model Training And Digital Computing Power Contracts

October 21, 2025

Earn 15% APR With Flexible Redemption And Up To 2,926 USDT

October 21, 2025

Crypto Market Recovers As Liquidity Returns — Pepeto Announces $700K Giveaway And 221% Staking Rewards

October 21, 2025

6 Best AI Quant Apps: Smarter Automated Trading Solutions for the Modern Investor

October 21, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Alps Blockchain Announces Corporate Rebranding To Alps

October 22, 2025

Why Most Crypto Cities Fail: The Surprising Reason Revealed

October 22, 2025

A retail rail can push $2 million a day out of the chain.

October 22, 2025
Most Popular

Wyoming Proposes Strategic Bitcoin Reserve Bill

January 18, 2025

What is a Bitcoin Node? BTC Node Beginner’s Guide

March 2, 2024

Grayscale Bitcoin Trust (GBTC) Registers with SEC Amid Market Volatility

September 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.