Binance News - A security breach on the decentralized exchange DEXX resulted in millions in losses, highlighting the need for user vigilance and robust security in decentralized finance

https://www.binance.com/en/square/post/11-16-2024-blockchain-security-firm-slowmist-reports-multi-million-dollar-loss-in-dexx-hack-16297381717690

Blockchain security firm SlowMist has reported a major security breach on the decentralized exchange DEXX, resulting in losses amounting to millions of dollars.

The stolen funds, dispersed across hacker-controlled addresses, underscore vulnerabilities in the DEXX platform and the ongoing risks faced by decentralized exchanges.

This incident highlights the critical need for users to remain vigilant and prioritize platforms with proven security measures in the ever-evolving blockchain ecosystem.