Hackers targeted the DEXX platform, causing significant damage. SlowMist identified over 8,600 addresses on Solana connected to the incident.
DEXX Hack: Incident Details
On November 16, the trading platform DEXX was attacked by hackers, resulting in losses for over 900 users. MistTrack reported that most victims lost less than $10,000 due to a private key leak, with one individual losing over $1 million. Over 8,600 Solana addresses were associated with the incident. Initial damages were estimated at $21 million but later increased to around $30 million.
Recovery Efforts and Compensation
After the attack, DEXX issued a statement on monitoring the hacker’s wallets and working to freeze the funds. The platform offered a bounty and token reward if the stolen assets were returned within 24 hours. Bruce, the operations director at DEXX, reported that they have contacted the hacker through the chain and email without any reply. DEXX collaborates with SlowMist and law enforcement to investigate the attack and compensate affected users.
Overall Trend of Cyber Attacks This Year
Hackers stole $71 million in November, raising the yearly total to $1.48 billion. This is a 15% drop from 2023. Despite major incidents like the $305 million and $235 million robberies in Japan and India, the number of cybercrimes has decreased. However, scams like pig butchering and phishing continue, leading to additional losses.
The DEXX team and partners are working hard to recover stolen funds and compensate affected users. SlowMist continues to identify suspicious addresses on other platforms.
