The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
CrediX, a new DeFi lending platform, suffered a $4.5 million exploit due to a compromised admin wallet. This incident adds to the growing tally of crypto losses in 2025, which has already surpassed $3 billion.
- CrediX's admin wallet with multiple roles was exploited, leading to $4.5M in losses, primarily through the BRIDGE function.
- 2025 has seen over $3B lost to crypto hacks, with access-control exploits dominating at 59% of total losses.
- DeFi platforms must prioritize security as threats from hackers, insider risks, and human error continue to rise.
📎 Read the original article on cryptopotato.com
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