XT Exchange has suspended all coin withdrawals due to an abnormal transfer of assets totaling about $1 million in 12 different currencies. The incident was first reported by Peckshield, with the attacker allegedly swapping stolen assets for 461.58 ETH. XT assured users their assets were unaffected and plans to enhance security with a new system. This incident adds to a growing list of centralized exchange hacks in 2024, highlighting the need for stronger security measures in the crypto industry.
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