Recently, the crypto asset trading platform WOO X experienced a security incident, resulting in the illegal transfer of assets on multiple blockchains. According to on-chain data, the attacker extracted 1 million USD worth of USDT from WOO X's hot wallet on the Ethereum mainnet and acquired some ETH. Subsequently, these funds were exchanged for ETH and transferred to another new address, with a total value of approximately 7.3 million USD.

At the same time, similar abnormal transactions occurred on the BNB Chain. The Hot Wallet of WOO X transferred 5 BTCB (the mapped asset of Bitcoin on the BNB Chain) to a suspicious Address, which then exchanged these assets for BNB and transferred them to a newly generated Address.

WOO X officially confirmed this security incident on social media and stated that an investigation is underway. To protect user assets, the platform has temporarily disabled the withdrawal feature. It is worth noting that the trading function has not been affected.

After the incident, WOO X released a more detailed statement. It is reported that the incident affected 9 user accounts, which experienced unauthorized withdrawal operations, totaling approximately 14 million dollars in affected funds. In response to this situation, WOO X stated that it has contacted all affected users and promised to fully compensate for the losses caused by unauthorized withdrawals.

This incident once again reminds the cryptocurrency industry of the ongoing focus on security. Although WOO X has promised to compensate for the losses, how to prevent such incidents from happening again and how to improve the overall security level of exchanges remains a challenge that the entire industry must face together. For users, choosing a safe and reliable trading platform and properly safeguarding personal account information are still crucial measures.