Over 8.6K Solana wallets linked to $21M DEXX hacker
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 29 2024DEXX Security Breach: Crypto security firm SlowMist identified over 8,620 Solana addresses linked to the DEXX hack, which resulted in losses estimated between $21 million and $30 million affecting around 900 users. DEXX is actively negotiating with the hacker for recovery of stolen funds while working with law enforcement.
Overall Crypto Theft Trends: November saw a total of $71 million stolen in crypto hacks, contributing to an annual total nearing $1.5 billion, despite a 15% decrease from 2023. Various scams, including phishing and pig butchering schemes, continue to pose significant threats to crypto investors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
