Multi-Signature Exploit Occurs at CrediX…Website Shutdown

A multi-signature exploit incident occurred at the decentralized finance (DeFi) project CrediX.

On the 4th (local time), the on-chain security platform SlowMist explained, "An attacker who accessed the CrediX multisig wallet six days ago is confirmed to have held both administrator and bridge privileges. Using these, the attacker was able to directly issue collateral tokens. The attacker borrowed massive assets and drained the pool."

Accordingly, CrediX stated, "A security breach has occurred and is under investigation. To prevent user deposits, we have deactivated the website. For fund withdrawals, users need to utilize the contract."