Another chapter in the history of hacking was added today when some hacker stole assets valued at roughly $2.76M from OKX DEX.

The Chronicle of the Hack

     According to OKX WEB3, an outdated smart contract was compromised, which led to hacking. Blockchain security firm Peckshield notified the Private Key Leakage. Blockchain analysis platform Arkham has connected the hacker to several other hacks, such as RVLT, Uno Re, and LunaFi.

OKX in Action

     As soon as the attack was noticed, the OKX WEB3 portal terminated contract rights to protect funds, began tracking down pilfered assets with the assistance of pertinent authorities . The portal declared a $370k pool to recompense impacted users, additionally, Akhram Intelligence also announced a bounty for information.

What Next?

     Every month, there are new hacking events, despite the fact that security measures are not impenetrable. It appears that hackers are more advanced in technology than creators; this has to be looked into. OKX has declared that comprehensive research is being conducted to avert these kinds of situations.