UPDATED FRI 06 NOV · 09:16 UTCLIVE
SecurityMedium

Crypto security and enforcement

Gopax is halting trading to move assets to cold wallets after financial-sector breaches, while Singapore police used exchange data to prevent $17.4M in scam losses.

What we know

The Block reports Gopax is halting all trading services, citing recent security breaches and data leaks at financial institutions. Singapore Police prevented $17.4M in scam losses using blockchain analysis and Coinbase and OKX data, identifying 383+ victims. Separately, an OpenSSH/Alpine Linux bug reportedly let 257+ character passwords grant root; a fix has shipped.

Sources

@TheBlockCo

“Gopax announced it will halt all trading services to move all customer assets to cold wallets”

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@TheBlockCo

“prevented $17.4 million in scam losses”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.