Canadian crypto exchange Catalyx has temporarily suspended all trading activity and withdrawals after discovering a security breach. The breach is suspected to involve one of the company’s employees, leading to the loss of a portion of the crypto assets held on behalf of clients. The exact amount of assets lost has not been disclosed.

In response to the breach, Catalyx has halted all crypto and fiat currency withdrawals and trading activities on its platform. The Alberta Securities Commission has also issued a cease trading order in relation to the security breach. Catalyx has engaged consulting firm Deloitte to assist in investigating the losses and identifying the cause of the breach.

Currently, the official Catalyx website displays a warning banner informing users of technical difficulties and promising to notify them when regular functions are restored. Further information will be provided as it becomes available.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries
Sentiment negative
Relevance Score 1
People None
Companies Catalyx, Deloitte, Alberta Securities Commission
Currencies None
Securities None

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