Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Over 8.6K Solana Wallets Linked to DEXX Hack

November 29, 2024
Reading Time: 2 mins read
in News
Over 8.6K Solana Wallets Linked to DEXX Hack

In a significant breach affecting the Solana blockchain, over 8,600 wallets have been identified as linked to the $21 million hack of the DEXX trading platform. The exploit, which occurred on November 16, 2024, was a result of a private key leak, leading to substantial losses for users of the decentralized exchange (DEX). According to security experts at SlowMist, the number of affected wallets has continued to grow, with the total loss now estimated at approximately $30 million. The hack primarily impacted users of the memecoin trading terminal, DEXX, and was one of the largest crypto-related incidents of the month.

Most victims suffered losses of under $10,000, although the breach had a disproportionate impact on a few, with one individual losing over $1 million. The hacker reportedly converted the stolen assets into Solana (SOL) tokens. This added complexity to the situation, as the value of meme tokens fluctuated, exacerbating the overall financial damage. Despite these fluctuations, SlowMist’s continued tracking and reporting of the compromised wallets has been crucial in identifying the scope of the attack.

SlowMist’s investigation revealed that the compromised wallets were primarily located on the Solana blockchain, but efforts are ongoing to trace additional suspicious addresses. The firm intends to expand its investigation to include Ethereum, BNB Chain, and Base, with plans to release more information on these platforms next week. By publishing a comprehensive list of compromised addresses, SlowMist aims to assist victims in recovering their stolen funds and to prevent further attacks on the blockchain ecosystem.

This hack highlights the ongoing vulnerabilities within decentralized finance (DeFi) and the broader cryptocurrency industry. Despite growing advancements in blockchain security, incidents like these emphasize the need for improved protective measures and transparency. As recovery efforts progress and more details emerge, it remains to be seen how the community will respond to mitigate the risk of similar future attacks and protect users from such devastating breaches.

Reference:

  • Over 8.6K Solana Wallets Linked to $21M DEXX Hack as Recovery Efforts Continue
Tags: BlockchainCyber NewsCyber News 2024Cyber threatsDecentralized exchangeDEXDEXXNovember 2024SlowMistSolana blockchainStole Funds
ADVERTISEMENT

Related Posts

Train Brakes Hackable via Radio

BADBOX 2.0 Infects 10M Devices Google Sues

July 18, 2025
Train Brakes Hackable via Radio

Cross-Chain Crypto Laundering Tops $21.8B

July 18, 2025
Train Brakes Hackable via Radio

Train Brakes Hackable via Radio

July 18, 2025
Operation Eastwood Hits Pro-Russian Hackers

Ex-US Soldier Pleads Guilty in Telecom Hacks

July 17, 2025
Operation Eastwood Hits Pro-Russian Hackers

Operation Eastwood Hits Pro-Russian Hackers

July 17, 2025
Operation Eastwood Hits Pro-Russian Hackers

Chinese Firms Amplify U.S. Cyberattacks

July 17, 2025

Latest Alerts

Matanbuchus Malware Spread via Teams Voice

Hackers Host Amadey Malware via GitHub Repos

Malicious npm Packages Deliver Protestware

Malicious Telegram APK Campaign Uncovered

Stealthy JavaScript Attacks via SVG Files

SonicWall Zero-Day RCE Exploited

Subscribe to our newsletter

    Latest Incidents

    Stormous Hits North Country Health

    BigONE Crypto Exchange $27M Hit

    Co-op Data Stolen of 6.5M Members

    Cyberattack Strikes Air Serbia

    Customer Data Breach at Seychelles Bank

    Ukrainian Hack Hits Russian Drone Firm

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial