LUCE

Million

Security

Coin

<ul class="wp-block-list news-points">
 <li>DEXX users suffer significant losses from unauthorized token transfers.</li>
 <li>CertiK identifies improper private key management on the Solana chain as the core issue.</li>
 <li>DEXX collaborates with audit teams, denying rug pull allegations, while OneKey hints at clipboard vulnerabilities.</li>
</ul>
DEXX, a meme coin trading terminal, is at the center of a major security breach that has left users grappling with significant losses. Reports indicate that unauthorized token transfers drained $16.79 million in user funds. BAN and LUCE tokens suffered the most substantial losses, with $3.45 million and $1.75 million lost, respectively.
The DEXX team <a href="https://x.com/DEXXai_CN/status/1857543810575986811" target="_blank" rel="noopener noreferrer nofollow">acknowledged</a> the issue via a public statement, assuring users that the situation does not involve a rug pull. They have enlisted multiple professional security audit teams to identify and resolve the vulnerability. The team also noted that updates on the progress will be communicated through in-app notifications and social media platforms, including X and Telegram.
<h2 class="wp-block-heading" id="h-certik-highlights-private-key-mismanagement">CertiK Highlights Private Key Mismanagement</h2>
CertiK, the leading blockchain security auditor, <a href="https://x.com/CertiK_CN/status/1857642782531399867" target="_blank" rel="noopener noreferrer nofollow">confirmed</a> receiving help requests from affected users. Their investigation reveal…
The post <a href="https://coinedition.com/meme-coin-trading-platform-dexx-suffers-16-79-million-security-breach/" rel="noopener noreferrer nofollow">Meme Coin Trading Platform DEXX Suffers $16.79 Million Security Breach</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Meme Coin Trading Platform DEXX Suffers $16.79 Million Security Breach

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