DEXX Investigates Token Theft Amid Security Concerns

According to Foresight News, several community users have reported that the on-chain trading terminal DEXX has experienced a security breach resulting in token theft. In response, DEXX has acknowledged the issue, stating that they are aware of the reports of tokens being transferred without authorization. Multiple professional security audit teams are currently analyzing and investigating the situation. The DEXX team is working diligently to resolve the issue and assures users that this is not a rug pull. Updates on the progress will be communicated promptly through internal notifications and on platforms such as X and Telegram. SlowMist founder Yu Jian has commented on the situation, indicating that the affected users were involved in trading low-cap tokens or MEME coins using DEXX. He noted that the private keys were centrally managed by DEXX and have likely been compromised. The exact method of the breach is still under investigation and will be disclosed once the analysis is complete. The incident highlights the importance of robust security measures in managing private keys and the potential risks associated with centralized custody in decentralized exchanges.