meme tokens exchange DEXX Shocking news of Private Key leakage, multiple KOL blindly recommending, amount of damage exceeding hundreds of millions

In this round of bull market, the ecosystem of shitcoins is booming. In addition to the launch of coin platforms such as pump.fun, which have clones on different chains, many people have also turned to building so-called trading bots or creating websites for shitcoin speculation. Today's protagonist, DEXX, is one of them, claiming to bring the experience of on-chain trading closer to centralized exchanges under the banner of Coin Security. However, while the team members are still enjoying their time in Bangkok, there are rumors of a Private Key leak.

Experience the doge of centralized exchange

Most users in Taiwan started to get in touch with DEXX from September to October because it has a commission mechanism similar to traditional exchanges. Therefore, many KOLs have helped promote DEXX. DEXX's interface is similar to that of a nascent exchange, which provides basic information on tokens such as the top ten holdings, whether liquidity is destroyed, and the abandonment of minting rights. At the same time, it displays popular currencies and uses bullet messages to remind smart money to enter the market.

DEXX redefines non-custodial Wallet? Doubtful of guarding against theft

Recently, there have been reports of the DEXX Private Key being leaked. From the picture, the number of people in the rights protection group has exceeded 100. Yu Xian, the founder of SlowMist, said that DEXX's Private Key was leaked in Plaintext, because theoretically, if it is a non-hosted Wallet, the official should not hold the user's Private Key, but from the screen, it is clearly displayed in the web page code, including the contents of the Private Key.

He also said that the current amount of the victim has been transferred to different Wallet, and three days ago, they pre-exchanged gas fee through Monero, showing that there was a premeditation. It is not known whether it was hacked or stolen by the guardian. The current amount of a single victim is as high as tens of millions, and more than five hundred letters of help have been received. In the future, attention may still need to be paid to hackers aggregating Tokens, which may dump some currencies.

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According to online sources, one of the aggregated Addresses may already have assets of over 100 million. It is rumored that one of the founding teams of DEXX is from the team in Hangzhou, @honza204. According to his Twitter, he should currently be in Bangkok. He also stated that they did not rug, have isolated some users first, and will compensate users later. But in fact, this big hole may be hard to fill.

KOL recommends products without thorough investigation, leading to user harm.

Someone on Twitter has compiled a list of KOLs in the Chinese community who promote DEXX, and one of them, named Youmin, is rumored to have set up multiple matrix accounts to promote DEXX. However, the list does not mention any KOLs from Taiwan. The ChainNews team noticed DEXX, which focuses on on-chain assets, several months ago. At that time, many KOLs only paid attention to the rebate mechanism, but recommended the product without conducting due diligence.

GMGN officials also provide suggestions on this:

a. When using the Private Key wallet, try to reduce the amount of funds in the wallet as much as possible and withdraw profits in a timely manner to minimize risks. b. For users with higher security requirements, it is recommended to use a cold wallet for transactions, even if it may sacrifice a certain transaction speed, but it provides greater security.

This article meme tokens exchange DEXX shocking Private Key leakage, many KOL brainlessly recommended, the amount of damage exceeds 100 million, first appeared in ChainNews ABMedia.