Cryptocurrency Exchange Halts All Transactions Due to Vulnerability - Coin Bulletin

The Canadian-based cryptocurrency exchange has decided to stop all transactions on the exchange due to a security issue.

Canadian cryptocurrency exchange Catalyx has halted all trading, deposits/withdrawals.

According to a statement made by CatalX CTX Ltd., the managing company of the exchange, the company has launched an investigation into the problem.** While it did not specify how much financial loss, it was stated that the problem may have been caused by an exchange employee.

Deloitte LLP will conduct investigations into the incident.

Last week, regulators in Canada contacted Catalyx to halt all cryptocurrency transactions. The exchange made the following statement to its users:

"The Company will provide updated information to its clients based on the outcome of Deloitte LLP's investigation."

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