credix

ChainCatcher news, according to CertiK monitoring, hackers have transferred approximately 50% of the stolen funds from the CrediX project into the Tornado Cash mixer. Currently, the hacker's wallet still holds 630 ETH (approximately 2.8 million USD) that has not been transferred.

ChainCatcher news, according to Decrypt, regarding the "silence" incident after Credix was attacked and the X account was deactivated, the DeFi protocol Stability DAO tweeted that approximately 20% to 30% of Metavault funds on its platform were affected. Stability DAO is working closely with Sonic Labs and other affected protocols to draft a detailed report to track the team and the vulnerability attackers, hoping to recover the funds.In addition, Stability DAO is developing a compensation and recovery plan to assist the affected victims, which is expected to be implemented as early as two weeks from now. MetaVault will reopen next week, at which time more details will be announced. Previously, Stability integrated with CrediX about a week ago and stated that it brought additional revenue opportunities to the platform.

ChainCatcher message, according to a warning from PeckShield, the official X account of the money market protocol CrediX (@CrediX_fi) has currently been deactivated.Previously, CrediX experienced a security incident that resulted in a loss of approximately 4.5 million dollars.

ChainCatcher message, according to CertiK Alert monitoring, the CrediX hacker has bridged the stolen $4.5 million in crypto assets from Sonic to the Ethereum network.Currently, the stolen funds remain in the attacker’s wallet.

ChainCatcher message, CrediX announced on social platform X that all user funds will be fully restored within 24 to 48 hours.

ChainCatcher news, according to monitoring by Shield, CrediX suffered a security vulnerability attack today, with hackers exploiting a compromised administrator account that had multiple management privileges. This account had the following permissions: POOL_ADMIN (Fund Pool Administrator), BRIDGE (Cross-Chain Bridge Permissions), ASSET_LISTING_ADMIN (Asset Listing Administrator), EMERGENCY_ADMIN (Emergency Administrator), RISK_ADMIN (Risk Control Administrator), etc.The attackers utilized the BRIDGE permission to steal or borrow assets from the fund pool, with estimated losses of around 4.5 million dollars. This also included the minting of counterfeit (unsupported by real assets) acUSDC tokens (Credix Market Sonic USDC).Previous report indicates that CrediX has disabled its website and prohibited user deposits; users who need to perform operations should withdraw through the contract.

ChainCatcher news, CrediX officials stated that a potential security vulnerability has occurred and an investigation is currently underway. Details will be released as soon as possible. To prevent risks, CrediX has disabled the website and prohibited user deposits. Users who need to perform operations should withdraw through the contract.Previous report, Cyvers Alerts detected multiple suspicious transactions involving CrediX on the Sonic network.

ChainCatcher message, according to Cyvers Alerts monitoring, "suspicious transactions involving CrediX have been detected on the Sonic network.An address that obtained funds from Tornado Cash on the ETH network transferred the funds to the Sonic network and borrowed approximately 2.64 million from CrediX."

ChainCatcher news, Chaim, the Chief Growth Officer of the Solana-based credit protocol Credix, announced that Credix has completed a $60 million credit financing. This loan was obtained in collaboration with a U.S. alternative investment management firm focused on asset lending opportunities, which manages a portfolio of up to $3 billion.It is reported that this round of credit financing will provide priority debt to technology founding platforms in the Latin American region to support small and medium-sized enterprises. The first tranche of $7.5 million will help small and medium-sized enterprises in Brazil through accounts receivable financing.According to the crypto data platform RootData, Credix completed a $11.25 million Series A financing in September 2022, co-led by Motive Partners and ParaFi Capital, with participation from Valor Capital Group, Victory Park Capital, MGG Bayhawk Fund, Circle Ventures, FuseCapital, and Abra. The funds raised will be used to significantly invest in platform development, team growth, marketing, and integration with Web3 projects, as well as to expand in the Latin American region.

ChainCatcher news, according to CoinDesk, the Solana ecosystem credit protocol Credix has opened a $150 million stablecoin credit pool for the digital lending platform Clave, aimed at providing loans to businesses and consumers in Latin America. This credit mechanism will be available in 2023, with debt denominated in the USDC stablecoin pegged to the US dollar.It is reported that the Clave debt pool will be divided into various smaller funds, known as "tranches," offering investment opportunities to institutional investors with different risk-return profiles. Credix's Chief Growth Officer Chaim Finizola stated that the debt in the Clave credit pool is secured by the receivables of the borrowers. Clave provides loans to businesses and consumers in Argentina and Colombia, and plans to expand to Mexico next year. (CoinDesk)