🎭DEX XT Hacked: $1.7M Stolen 🚨
Seychelles-based crypto exchange XT Exchange, with a daily trading volume of $3.15+ billion, halted withdrawals after hackers stole $1.7 million💰.
Blockchain security firm PeckShield reported unauthorized transactions from XT's wallet structure 🚨.
Attacker liquidated stolen resources, obtaining 461.58 ETH in wallet address "0xB43f" 📊.
Community vigilance helped identify potential issues 🕵️♂️.
XT Exchange Reacts: Assurances Amid Uncertainty 🤝
Platform highlighted reserve assets are 1.5 times higher than users' deposits to prove solvency 📈.
XT plans to deploy Merkle Tree Asset Proof System in December 2024 for increased transparency 📊.
Recent hacks:
Radiant Capital (October 2024): $50 million stolen.
BingX (September 2024): $52 million stolen 💸.
WazirX (July 2024): $230 million stolen.
Exchanges and users must prioritize surveillance and security in the crypto space 🔒
