The post Over 1,000 Victims Report Coin Theft on DEXX: SlowMist CTO Unveils Complex Security Challenges appeared on BitcoinEthereumNews.com.

COINOTAG News reports that on November 25, Yu Xian, the CTO of SlowMist, revealed significant findings regarding security incidents surrounding the DEXX platform. He stated, “Over 1,000 individuals have formally reported incidents of robbery through our channels, though actual figures are believed to be considerably higher.” The investigation into these thefts is ongoing and complexities arise primarily due to unique wallet addresses assigned to each victim. The security team is engaged in an intricate cross-analysis to ensure accurate data collection and reporting. The analysis is further complicated by the prevalence of independent wallet addresses across various blockchain platforms, including EVM-based chains and Solana. Potential for false reporting exists due to inaccuracies from victims and malicious intent from attackers attempting to obfuscate their activities. SlowMist is collaborating with law enforcement, and victims are urged to monitor their wallets closely for any suspicious behaviors. Source: https://en.coinotag.com/breakingnews/over-1000-victims-report-coin-theft-on-dexx-slowmist-cto-unveils-complex-security-challenges/

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Filed under: News - @ November 25, 2024 2:29 pm