Galxe Under Scrutiny for Security Issues and Reported Asset Thefts!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Oct 6, 2023 21:03

Galxe, a cryptocurrency platform, is currently under scrutiny due to potential security issues. A number of users have reported that their assets have been stolen after using their wallets to authorize transactions through the Galxe platform. Following these claims, Galxe has announced that their website is currently down and that they are working to resolve the issue. In response to these concerns, Galxe has urged its users not to connect their wallets to the platform until further notice. It remains unclear how many users have been affected by the reported security breaches.