Major Asset Theft Hits DEXX on Solana Blockchain: CertiK Warns of Private Key Mismanagement

On November 16th, COINOTAG News reported that prominent blockchain security auditing firm CertiK has alerted the community regarding a significant security breach affecting users of the DEXX platform. Numerous users have come forward, claiming that their assets were illicitly siphoned from their accounts. A thorough investigation by CertiK has established that this breach transpired on the Solana blockchain, which lies outside the scope of CertiK’s auditing services.

CertiK identified the primary vulnerability as the inadequate handling of private keys on the DEXX platform, resulting in the exposure of the official key. Reports indicate that the theft involved an extensive hack, with stolen assets amounting to hundreds of millions of dollars. Alarmingly, the perpetrator remains operational, continuing their malicious activities. CertiK strongly advises all blockchain entities and users to prioritize the secure management of private keys, emphasizing their essential role in safeguarding digital assets.