Binance-backed exchange Gopax halts trading after receiving hacking threats

Gopax enhances its defenses as it faces mounting security threats in South Korea's digital asset sector. South Korean cryptocurrency exchange Gopax temporarily suspended its trading and deposit and withdrawal services on Nov. 6 after receiving threats of a potential hacking attack. The exchange first halted deposits and withdrawals at 2:55 p.m. local time before shutting down trading at 3:53 p.m. Gopax said it had taken preventive measures in response to financial authorities’ recommendations to protect customer funds and reinforce its security systems.

Source: Crypto Briefing