OKX, a popular decentralized exchange aiming to reduce cross-chain friction, was hacked earlier today by an unknown bad actor.
Whereas recent attacks on exchanges have generally focused on compromising and manipulating smart contracts, this one seems to have been carried out by stealing the credentials needed to access the exchange’s wallets, where funds were held in escrow until transactions could be completed.
SlowMist Security Alert: OKX DEX Proxy Admin Owner’s Private Key Suspected to be Leaked
According to information from SlowMist Zone, the OKX DEX contract appears to have encountered an issue. After SlowMist’s analysis, it was found that when users exchange, they authorize…
— SlowMist (@SlowMist_Team) December 13, 2023
Multiple Cryptocurrencies Involved, Few of Them Relevant
The hacker made off with cryptocurrencies spread across 20 different tokens. However, many of these are altcoins with relatively low liquidity, even if some have plenty of hype.
Out of a total of
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