Dexible Loses $2M With Smart Contract Hack - Coinleaks
Current Date:November 7, 2024

Dexible Loses $2M With Smart Contract Hack

DeFiplatform DexibleAs a result of hacking of the platform’s smart contracts, approximately He lost $2 million.

Cryptocurrencies, which have a decentralized structure and maintain their functionality through smart contracts, can be frequently hacked due to their code structure and software structure. Especially recently, many projects have been subjected to multi-million dollar hacks. On the other hand Dexiblehas joined the hacked projects, losing $2 million in assets due to the hacking of its smart contracts.

Dexible Shares Its Hacking With Its Community

DeFiplatform Dexibleshared its due diligence and assessment with its community after the hacks to its smart contracts.

According to information posted by the team on the project’s Discord channel, the DeFi platform has been affected by a smart contract vulnerability. He lost nearly a million dollars in assets.

Moreover Dexible the user interface issues a warning that it has been hacked every time a user logs in. The project is trying to ensure that more users do not suffer until the problems are resolved.

Project team, Discovered a hack in Dexible v2 contracts and stated that he focused on this problem. However, hours after this statement, the team said, He confirmed that $2 million in assets had been withdrawn from 17 different wallet addresses.

The decision to suspend platform operations Dexible, hacked assets, Tornado Cashthrough to BNBHe said it was converted and withdrawn.