Slowmist Investigates DEXX Hack: Latest Findings Released

Latest Update on the DEXX Hacking Incident

According to PANews, the security team Slowmist's MistTrack has released crucial updates regarding the hacking incident involving DEXX. As investigations proceed, recent findings reveal that the hacker has laundered a staggering 6,432.4 ETH through Tornado Cash. This significant amount underscores the urgent need for improving security measures in decentralized finance (DeFi) platforms.

Current Distribution of Funds

The primary EVM address linked to the hacker, 0xFFB9...8228, currently holds a balance of approximately $19,446. This amount is distributed across various networks, including Ethereum, BSC (Binance Smart Chain), and BASE chains. In addition, the hacker also maintains several Solana addresses, specifically:

• 4smi8...HLd - Balance: $59,540
• GPuNX...RKgt - Balance: $2,200

Financial Impact

Since November 16, the community has reported that the total amount of funds stolen from the incident stands at approximately $23 million, though this figure is subject to fluctuations in cryptocurrency prices. The significant scale of this theft highlights vulnerabilities in the current DeFi ecosystem that need to be addressed.

Investigation Progress

For nearly a month, MistTrack has been actively assisting in the investigation of this hacking incident. As they close in on the conclusion of this case, updates will likely become less frequent. However, all pertinent information will be available through official channels and announcements from DEXX.

Conclusion

This incident serves as a critical reminder for the DeFi sector to enhance security protocols and monitoring systems in order to protect user assets and prevent future hacking incidents. As investigations continue, stakeholders must stay informed and vigilant.

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