Newdex Decentralized Crypto Exchange Robbed in New Hacking Attack

ake EOS tokens. By the end of their operation, they ended up stealing as much as $58,000 from the exchange’s users directly.

New Hacking Attack Hits a “Decentralized” Exchange

The hacking attacks of the crypto world show no signs of stopping or even slowing down at this point. The proof of this is a new attack that has hit a “decentralized” crypto exchange called Newdex. The attack was not a classic one, and the hackers actually flooded the exchange with as much as 1 billion fake EOS tokens which they themselves created according to reports.

The tokens were created on EOS platform, and also named EOS. Through their use, the attackers illegitimately bought IQ, BLACK, and ADD tokens from the exchange. The exchange confirmed this, naming the account that performed the scam as “oo1122334455”. Additionally, the exchange admitted that as many as 11,800 fake orders were issued through the use of fake EOS coins.

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