Beware the DEXX Hack: SlowMist Cosmos Warns Users to Secure Their Funds

On November 16th, COINOTAG News reported that SlowMist Cosmos raised critical concerns regarding DEXX, a platform that markets itself as a “non-custodial wallet.” The alarming revelation indicates that despite this claim, user private keys are still stored on DEXX’s servers, potentially exposing them to various cybersecurity risks. In response to the situation, SlowMist has received over 200 inquiries related to the recent hack, prompting a thorough investigative analysis by their team. Users are strongly urged to take immediate action by withdrawing their funds to safeguard their assets. Furthermore, caution is advised against engaging with any centralized custodial services or suspicious trading bots, particularly those handling significant amounts, as they may increasingly become targets for malicious activities.