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Catalyx Exchange Halts Operations Post Security Breach, Probing Potential Insider Involvement

Canadian cryptocurrency exchange Catalyx has temporarily suspended trading and withdrawals on its platform after discovering a security breach that it suspects may involve one of its employees. The exchange said it believes that this breach has resulted in the loss of a portion of the crypto assets held on behalf of its clients, although the exact amount of the losses has not been disclosed. “Management suspects that this security breach, which may involve an employee, has resulted in the loss of a portion of the crypto assets held by the Company on behalf of its clients,” the platform said in a recent statement. 


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