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CrediX, a Solana-based decentralized lending platform, suffered a $4.5 million exploit on August 4, 2025. Attackers gained admin and bridge permissions through a multi-signature wallet vulnerability, minted unbacked tokens, and drained liquidity pools. Following the breach, CrediX took its website offline and deleted social media activity, raising fears the team has disappeared. The stolen funds were bridged to Ethereum via Tornado Cash. Initially, CrediX promised to recover stolen assets within 48 hours, but no recent updates have been given, leaving users worried
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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Aug 08, 2025 12:28 UTC
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CrediX Disappears After $4.5M Hack, Website and Socials Go Dark
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