Galxe: Expected financial loss is within $200,000, and domain ownership has been recovered

2023-10-07 08:07:00
Collection

ChainCatcher message, Galxe stated on social media that its website is offline and will be back online after the correct DNS records propagate globally. If users do not approve any transactions linking their wallets to Galxe after 21:00 Beijing time on October 6, their funds and information are safe.

Galxe uses Dynadot's domain registration service. The domain http://Galxe.com was previously compromised, and an unauthorized individual temporarily controlled the Dynadot account. Galxe regained ownership of the domain at 00:00 Beijing time on October 7 and worked with Dynadot to ensure the security of the account. Preliminary assessments indicate that the total amount of lost funds may be around or less than $200,000.

It is reported that the team has been in contact with relevant law enforcement authorities and will soon share a complete report and fund recovery plan.

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