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CoinGape

XT Exchange Confirms Hack, All Crypto Withdrawals Suspended

CoinGape
Summary
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65% Informative

XT Exchange , a 23rd -ranked centralized crypto exchange, is hacked and lost crypto worth more than $1.7 million .

Withdrawals were suspended following the breach, citing wallet upgrades as the reason.

Experts urge caution when holding funds on centralized exchanges due to recurring hacks.

XT Exchange has now joined the list of hacked exchanges.