Based

Discord

Galxe

<p class="is-style-lead">Web3 platform Galxe experiences a&nbsp;security breach, as several users report losing access to their funds and wallets.</p>
<p>Leading web3 community-building platform <a href="https://twitter.com/Galxe/status/1710318639381881280" target="_blank" rel="noopener noreferrer nofollow">Galxe</a> has suffered a security breach. Multiple users have <a href="https://twitter.com/hebi555/status/1710301813759459661?s=20" target="_blank" rel="noopener noreferrer nofollow">reported</a> being unable to access their funds and wallets on the platform. The Galxe website is also down.&nbsp;</p>
<p>The platform has posted multiple cautions for users to disconnect their wallets from the platform and not to confirm any transaction. According to the latest information, the breach was the result of a DNS account conducted through the platform’s domain nameservers on Dynadot, a domain marketplace.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">🚨Update: We’ve detected a security breach affecting the DNS record for “<a href="https://t.co/yxdPH0SijN" target="_blank" rel="noopener noreferrer nofollow">https://t.co/yxdPH0SijN</a>” through our Dynadot account. Please refrain from visiting the site from all channels while we are resolving the issue. Your safety remains our utmost priority.</p>— Galxe (@Galxe) <a href="https://twitter.com/Galxe/status/1710318639381881280?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 6, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p><br><br>Users have been urgently advised to transfer funds from their Galxe account to another wallet. Any affected user is being urged to contact the support team through their Discord channel.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Dear Galxe Community,<br><br>We recognize the impact that recent events have had upon our users and are quickly working to take remedial action. The Galxe security team continues to take an aggressive approach to protect your data, funds and digital assets.<br><br>Steps You Should Take:<br>❗️Do…</p>— Galxe (@Galxe) <a href="https://twitter.com/Galxe/status/1710337170500678135?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 6, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>2023 has been a bullish year for crypto scammers and hackers so far. Recent reports suggested that the industry lost over <a href="https://crypto.news/crypto-scammers-and-hackers-stole-889m-in-q3-2023/" rel="noopener noreferrer nofollow">$889 million</a> in the third quarter of this year alone to scams and security breaches. Based on the latest revelations, it looks like Galxe will likely join the list of victims in this ongoing barrage of crypto hacks.<br><br>This is a developing story.&nbsp;</p>
<p>You might also like: <a href="https://crypto.news/crypto-scammers-and-hackers-stole-889m-in-q3-2023/" rel="noopener noreferrer nofollow"> Crypto scammers and hackers stole $889m in Q3 2023 </a></p>

Breaking: Web3 platform Galxe is hacked, multiple users report lost funds

crypto.news

Other articles published on Oct 6, 2023

Exquisite Costa Rica Coastal Retreats for Surfing, Swimming, and Sunbathing

After the 3AC bankruptcy, Su Zhu’s $36 million mansion was converted into an eco-farm: Report

Is It Too Late to Buy Toncoin? TON Price Blasts Up 5% and New Crypto Casino Project Secures $450,...

Best Value Crypto Investment Picked By Top Analyst: SHIB, SEI and BTCS

PayPal is "Highly Unlikely" to Become a Dominant Player in Stablecoin Market: Tether Co-founder

Nature science journal claims that DAOs can assist scientists in finding funding and a sense of c...

Join our free newsletter for daily crypto updates!