According to PANews, recent monitoring by SlowMist Technology founder Yu Jian has revealed that starting at 2:48 AM UTC+8, DEXX attackers have been converting tokens from a series of EVM (ETH/BASE/BSC) addresses into corresponding ETH and BNB. The conversion process is ongoing, and while these ETH and BNB have not yet been transferred out, related testing activities have been observed.
The incident highlights the persistent threat posed by attackers in the cryptocurrency space, as they continue to exploit vulnerabilities within decentralized exchanges. The conversion of tokens to more stable cryptocurrencies like ETH and BNB suggests a strategic move by the attackers to secure their gains. However, the lack of immediate transfer indicates a potential delay in their plans, possibly due to ongoing testing or attempts to avoid detection.
This development underscores the importance of robust security measures and continuous monitoring within the blockchain ecosystem to prevent and mitigate such attacks. As the situation unfolds, stakeholders in the cryptocurrency community are urged to remain vigilant and take necessary precautions to safeguard their assets.
