GOPAX halts trading and withdrawals after hacking threat
In short
South Korea’s GOPAX has stopped crypto trading, deposits and normal withdrawals after a hacking threat. The exchange says manual withdrawals are still possible through support.
It is moving all assets to cold storage. That is meant to protect user money while the platform stays locked down.
What the reporting says
South Korea’s GOPAX has suspended crypto trading, deposits and standard withdrawals after a hacking threat, with manual withdrawals available through support. The Cointelegraph summary says the exchange is moving all assets to cold storage as a security step. The action is meant to protect user assets while trading and normal withdrawals remain paused.
Why it matters
GOPAX has suspended trading, deposits and standard withdrawals after a hacking threat. The exchange is moving all assets to cold storage and allowing manual withdrawals through support. This is a security-driven operational shutdown that can affect users’ access to funds and trading activity, at least until the exchange restores normal services.