TechFlow news: In response to the recent hack incident involving Kronos Research, cryptocurrency exchange WOO X posted on the X platform stating:
1. All customer assets are currently secure;
2. Our largest liquidity provider, Kronos Research, recently experienced a hacking incident, leading them to suspend all trading on WOO X;
3. Since Kronos Research is the primary liquidity provider for spot markets and supplies approximately 40% of the liquidity for perpetual futures markets, we have temporarily halted trading on WOO X to protect users' positions from insufficient liquidity;
4. To allow our customers to manage their positions, we are collaborating with alternative providers, and all perpetual futures trading pairs have now resumed trading.
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