WOO X Exchange has encountered issues again! This time it was targeted by hackers, resulting in a direct loss of over 12 million dollars, involving assets across several chains including Bitcoin and Ethereum. As soon as the news broke, the platform immediately suspended withdrawal functions, but the officials claim that ordinary users' funds were not affected, only targeting a few specific accounts.
It's truly frustrating; security issues with exchanges are talked about every year, yet problems keep occurring! This time, it was a hot wallet that was breached, similar to the situation during the collapse of FTX. Hackers are becoming increasingly sophisticated, specifically targeting multi-chain platforms, stealing funds from multiple networks in one go, making it hard to defend against!
Recently, regulation of stablecoins has become stricter, and API services have been experiencing issues again, indicating that hackers are eyeing this lucrative target. In the short term, the price of WOO X tokens is bound to fluctuate, but in the long run, it might be a good thing—forcing exchanges to upgrade their security measures will lead to a more standardized industry.
A reminder to everyone: never put all your eggs in one basket! Hacker attacks have almost become a daily occurrence, so it's best to diversify your assets and choose reliable platforms that offer insurance compensation.
Who do you most want to be the 'President of the Crypto World'? If you could vote
A. Changpeng Zhao CZ (Founder of Binance) A. Changpeng Zhao CZ (Founder of Binance) B. Elon Musk (X/Tesla/SpaceX) B. Elon Musk (X/Tesla/SpaceX) C. Donald Trump (Former President of the United States) C. Donald Trump (Former President of the United States) Come vote for the “ultimate leader” in your heart! Come vote for the “Ultimate Leader” in your heart! No matter who you choose, this election is purely for entertainment and interaction, and does not represent any political stance. No matter who you choose, this poll is purely for fun and interactive purposes—it does not represent any political stance.
Who do you think 'compliance' benefits the most? A. Retail investors finally have a safety net B. Policy easing, everyone has food to eat C. An invitation for big capital to enter the market D. The beginning of the legalization of chive harvesting Think about it after reading, and you will find the answer!
Trump Attacks Again: Powell Will Never Understand, FOMC Lacks Courage!
Recently, Trump has been clashing with the Federal Reserve, with both sides holding firm. Let's take a look at what’s going on:
On Wednesday, Trump posted that the housing market is lagging due to Powell's refusal to lower rates. He stated: "Families are hurting because rates are too high, and even our country itself has to pay higher rates than it should. Our rates should be three percentage points lower than they are now, which would save the entire country $1 trillion each year. Powell, that stubborn guy, just doesn't get it, never has, and never will. The board should take action, but they don't have the courage to do so!"
I'm truly grateful to have reached 20K followers on Binance Square! Thank you all so much for your continued support and encouragement — this means a lot to me. Let’s keep growing together!"
#山寨季來了? Newton, do you think it's impressive? $NEWT is taking off directly! Keep an eye on this wave, when you see 1U, first send 1888U🧧🧧🧧give it a boost
I am hosting a voice live broadcast at Binance Square "Come join the Binance Square Gold Mining Team Red envelopes 🧧🧧🧧 non-stop❗", listen here: https://app.binance.com/uni-qr/cspa/27368580758657?r=10809398&l=zh-CN&uc=app_square_share_link&us=copylink
You can be depressed, you can be lazy, you can be excessively sensitive at inappropriate times But remember to question yourself, you must pursue kindness, strive to be open, and always be upright Wake up early to brew a cup of Lion Peak Longjing, and continue to improve your trading