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13.01.2025
Mudrex Suspends Withdrawal of Cryptocurrencies, Citing Security Concerns

The Mudrex cryptocurrency exchange, based in India, unexpectedly suspended cryptocurrency withdrawal operations, citing security concerns. This decision has caused a wave of questions among users who are concerned about the safety of their assets.

Mudrex representatives stated that time limits are necessary to protect customers after a potential threat is detected. The company promises to promptly fix the vulnerability and restore all functions on January 28. It is expected that the operation of the service will be normalized in the coming days, about which users will receive a notification.

Mudrex is one of the key players in the Indian crypto market, and this event highlights the importance of enhanced cyber protection for crypto platforms.