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Leak of administrator keys leads to theft of $ 139 million from the BXH exchange

A decentralized exchange supporting multiple Boy X Highspeed (BXH) blockchains was hacked on Saturday. Now it became known that the reason for the hack was a leak of administrator keys.

The attackers managed to withdraw $ 139 million worth of assets that were stored in the Binance Smart Chain, assets on other blockchains remained safe. According to BXH CEO Neo Wang, after consulting with external experts, the exchange team came to the conclusion that the site’s administrator keys had been compromised. In this case, the hacker was either able to hack into the computer of the owner of the keys, or else we are talking about the “tricks” of an insider. The keys could be accessed by one of the exchange employees.

Now computer security experts are trying to figure out whether the computer of the owner of the keys was infected with a virus. According to Wang, there is some evidence pointing to an insider’s work – the hack was carried out from China, where the BXH team is based. The CEO of BXH is confident that the site, together with PeckShield and Chinese law enforcement, will be able to track down the hackers.

At the same time, if the hacker cannot be found or the funds cannot be returned, the exchange plans to return the stolen assets to the owners. For this, a special compensation plan will be developed.

Today PeckShield posted a tweet, where it reports on tracking the addresses of attackers to which assets were moved. The message also contains specific addresses where cryptocurrencies are stored.

As a reminder, another decentralized finance protocol was hacked last week. Cream Finance was hacked for the third time and withdrew $ 110 million.

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