Galxe Protocol Plagued By Security Issues: Users Sound Alarm On Asset Theft | Headlines | News | CoinMarketCap
10/07/2023 02:15
According to recent reports, the Galxe protocol, a prominent Web3 platform, has suffered a security breach resulting in the theft of users’ …
According to recent reports, the Galxe protocol, a prominent Web3 platform, has suffered a security breach resulting in the theft of users’ assets.
Several users have reported unauthorized access to their wallets and subsequent asset losses following their engagement with the Galxe platform.
Galxe Protocol Faces Security Breach
The situation came to light when the Galxe protocol issued an urgent warning to its community regarding potential security issues through its official communication channels, including X (formerly Twitter).
The protocol acknowledged that the Galxe website was temporarily down and assured users they were actively working to resolve the issue.
In a subsequent update, the Galxe protocol disclosed that a security breach had been detected, …