South Korean cryptocurrency exchange Gopax has halted withdrawals following a hacking threat.
Why it matters
The suspension prevents customers from withdrawing assets from the exchange while it is in effect. The incident centers on a threat, not a confirmed hack.
Market impact
The immediate impact is on Gopax customers' access to withdrawals. The timing of any resumption remains an important question for users.
Frequently asked questions
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What prompted Gopax to suspend withdrawals?
Gopax halted withdrawals following a hacking threat.
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Can Gopax customers move assets off the exchange during the suspension?
The suspension prevents customers from withdrawing assets while it is in effect.
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Was a hack of Gopax confirmed?
The incident concerns a hacking threat, not a confirmed hack.
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Where is Gopax based?
Gopax is a South Korean cryptocurrency exchange.
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What is the immediate impact of the Gopax suspension?
The immediate impact is on customers' ability to withdraw assets from the exchange.
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