A digital padlock breaking apart, symbolizing the CrediX hack and a major DeFi security breach.
Blockchain News

CrediX Hack: Devastating $4.5 Million Crypto Exploit Forces Account Deletion

The cryptocurrency community faces another stark reminder of ongoing security vulnerabilities. Reports confirm that CrediX, a prominent decentralized lending protocol, recently suffered a significant CrediX hack. This security incident resulted in an estimated loss of $4.5 million. Following the breach, CrediX’s official X account, @CrediX_fi, was notably deactivated. This immediate action highlights the severity of […]

Credix refund process, showing digital assets being secured after a crypto exploit, symbolizing the safeguarding of user funds.
Blockchain News

Credix Refund: Safeguarding User Funds After a $4.5M Crypto Exploit

The cryptocurrency community often faces turbulent waters, but sometimes, a beacon of responsibility shines through. This week, the spotlight is on Credix, a prominent decentralized lending protocol, which has committed to a full Credix refund for all user funds following a significant crypto exploit. This swift and decisive action, promising to return approximately $4.5 million […]

Illustrates the Credix exploit with a broken digital lock and money flowing across a blockchain network, highlighting the security breach.
Blockchain News

Credix Exploit: Alarming $2.64M Loss Rocks Decentralized Lending

The world of decentralized finance (DeFi) is once again grappling with a significant security incident. A recent Credix exploit on the Sonic Network has sent ripples through the ecosystem, reminding everyone that even innovative platforms face constant threats. When a protocol designed for institutional lending like Credix experiences a breach, it underscores the persistent challenges […]