November 16, 2024
A big incident happened. DEXX user wallets were collectively stolen, totaling more than 500 million US dollars. After looking at the hacker's wallet address, Solana users suffered a heavy blow. In the past, thefts were often caused by attacks on the project's address or smart contract. This time, the user's wallet private key was leaked on a large scale. It is reported that DEXX stole the user's private key in the centralized database storage, so countless user wallet assets were transferred one by one in the early hours of last night.
When we create a wallet, we will see a sentence, "Keep your private key safe, otherwise your assets are at risk of loss." This sentence has two meanings: first, if the private key is known by others, it can be transferred, and second, if you forget your private key, no one else has a backup. Therefore, I can only say that the DEXX project is too stupid. I have never seen the private key of a wallet moved to cloud storage. This behavior is no different from the user transmitting the private key through the network, and the behavior of the wallet storing the private key completely violates the purpose of decentralization.
Suddenly I thought of an old saying, "Good fortune follows misfortune, and misfortune follows good fortune". When some people became rich by selling local dogs, they did not expect to lose all their capital. So sometimes luck has a lot to do with making or losing money. There is no need for us to be overly harsh on ourselves. There is no harm without comparison. Just do your best.
Let's talk about the market. Yesterday, I sold my bottom-fishing orders for Bitcoin when I was unwinding them. The main reason is that this trend has already felt a bit stagnant. The reason is that I think this wave of adjustments is still not in place. The ideal is to go to between 80,000 and 85,000. If the bullish sentiment is not digested by falling, it must be adjusted through sideways trading. Therefore, it is not a big problem to continue to defend this position. In addition, the exchange rate of Ethereum has fallen again. In this case, the cottage industry is bound to be hindered in the short term, including the sudden black swan event of DEXX. The users' rush to rise will be hit hard. After all, who will play without money? The hot spots of this wave of market are mainly in the Solana ecosystem. The collective theft of DEXX users has eliminated a large amount of active Solana funds. Therefore, if this matter does not turn around, it will become a major hidden danger in the short-term market.
Finally, in response to everyone's needs, Binance's exclusive chat group is now open for you to join. Click the link to join the group: Binance Ace KOL Exclusive Group (Bi Laoye). After joining, you can view the chat content by clicking the small bell or message notification button in the upper right corner of the homepage.
