DEXX Investigates Potential Token Dumping Amid Security Concerns

According to Odaily, DEXX has issued a statement on platform X addressing user concerns about potential token dumping by hackers. The platform is currently analyzing the timing and addresses involved to determine if they belong to their users. DEXX urges users to contact them via their Telegram channel or reach out to a security company if they notice any suspicious activity or unauthorized token movements in their accounts. In related news, blockchain security firm SlowMist reported an update on the DEXX incident as of November 18. The company has received over 1,100 reports from the community regarding stolen funds. After filtering out duplicate reports, SlowMist has identified more than 900 victims, with total losses estimated at $21 million, subject to price fluctuations. The investigation is ongoing as both DEXX and SlowMist work to address the security breach and mitigate further risks to users.