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Over 8620 Solana Wallets Linked to DEXX Platform Hack

Over 8620 Solana Wallets Linked to DEXX Platform Hack

HappyCoinNewsHappyCoinNews2024/12/01 03:11
By:HappyCoinNews

Cybersecurity firm SlowMist has released a report listing over 8620 addresses Solana , allegedly linked to the hacker who broke into DEXX.

On November 16, the DEXX memcoin trading terminal was exploited and lost about $30 million. At least 900 users lost their funds. According to MistTrack, due to the leaked private key, most of the platform's clients lost $10,000, but one user lost assets worth $1 million.

Over 8620 Solana Wallets Linked to DEXX Platform Hack image 0

DEXX's losses were initially estimated at $21 million, but as the price of memecoins rose, the amount of losses grew.

The total losses are already estimated at around $30 million. Fluctuations in the price of meme tokens greatly affect the amount of damage, said the founder of SlowMist.

It is known that the hacker converted most of the stolen funds into Solana . However, SlowMist intends to publish a list of suspicious wallets on other blockchains as well, in particular, in Ethereum , BNB Chain and Base.

Shortly after the theft of funds, DEXX developers offered the hacker to return the assets in exchange for a reward. However, there was no response from the fraudster.

At this point, we have tried to leave messages online and send an email, but the hacker has not responded. In the meantime, we are actively negotiating with management, calculating losses, and fixing security issues to restart DEXX.

 

I hope that our actions will be able to compensate for the damage to our users as much as possible, said DEXX's COO at the time.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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