Post
Topic
Board Exchanges
Re: WOO X trading platform has been hacked with 9 users lost money
by
Oshosondy
on 28/07/2025, 01:42:44 UTC
Have you also noticed that whenever Bitcoin makes news with new all-time highs or whenever the market explodes into an uptrend, such cases of exchange hacks become more frequent. Perfect timing right? Or just pre-planned insider jobs?
I don't think i have noticed this pattern or maybe i have just not paid attention to it. I believe exchanges are always targets of hackers, irrespective of any time or season, that is because they hold a huge amount in customer funds. However, i will surely not rule out inside jobs in many of the exchange hacks that have happened in the industry.
I did not noticed, but I think in 2022, there are still exchanges that were hacked, and it continues also when bitcoin price started to increase which was at the beginning of 2023 and till now. That is all I noticed about exchanges and also DeFi platforms that are often got exploited.