Crypto Exchanges
By Ayobami Abiola
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Around noon on December 3, Xinfin supporters began witnessing abnormality in the XDCE (Xinfin token on Ethereum) trades on decentralized exchanges.
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The hacker gained control of Alphaex’s USDC, USDT, and ETH hot wallets. Also, the hacker gained control over the XDCE wallet that was used to provide liquidity for XDC (mainnet…
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The good news is that no user account on Alphaex.net was compromised, neither was their funds.
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To remedy the situation, Alphaex had withdrawn liquidity on all Dexes and advised all community members not to add liquidity to XDCE pairs until the situation is completely solved.
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“The team immediately blocked liquidity at DEX like Bancor, IDEX where XDCE is traded in larger volumes.
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The team also warned community members to halt all XDCE tradings on all DEXES as XDCE tokens bought will become useless eventually.
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Ritesh Kakkad, Xinfin Co-founder also stated in a tweet:
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“@XinFin_Official community member please be safe and avoid trade at various DEX like bancor, idex and uniswap until @AlphaExNet block compromises Account from various exchanges.
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Many community members have remained very calm, optimistic about the situation, and helped to orientate others who might be afraid.
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Members of the community should protect their private keys at all times and stay away from trading XDCE on the aforementioned decentralized exchanges for the time being.
The Currency Analytics
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