Debox

DeBox operating account private key leaked, resulting in a loss of over 4.87 million BOX and 31 ETH

ChainCatcher news, DeBox officially announced that due to the leakage of the private key of the EOA wallet of the DeBox operational account, 31.03 ETH and 4.879 million BOX were stolen. The official emphasized that this incident is unrelated to the asset security of platform users, and the community can rest assured.The response plan includes:Stabilization Fund Buyback: The stabilization fund will be used to buy back the stolen tokens from exchanges, expected to be completed within a week.Token Distribution: All repurchased tokens will be injected into the BOX DAO asset pool, with specific uses to be decided by community voting.Account Security Upgrade: Once the DeBox App supports multi-signature login, the operational account will be migrated to a multi-signature wallet.Tracking and Accountability: A professional security company has been commissioned to conduct investigations and asset tracking, with progress updates to be provided regularly. Any recovered assets will be managed through BOX DAO voting.The DeBox team stated that they will continue to track the theft address and reserve the right to take legal action, while also committing to continue building an open, transparent, and sustainable ecosystem.Previous news, the DeBox project has dropped over 30% in the past 24 hours, with Uniswap V2 pool liquidity remaining at only $2,900, and total on-chain liquidity around $10,000.

OKX Ventures strategically invests in the decentralized organization DeBox with social attributes

ChainCatcher news, OKX Ventures strategically invests in the socially-oriented decentralized organization DeBox. DeBox is a DAO decentralized organization that integrates Web3 experiences into social communication, featuring capabilities to manage on-chain assets and transaction data. Tools like DeSwap enable interaction with mainstream public chains, including Ethereum, Optimism, Arbitrum, and zkSync Era. DeBox generates over 100 million messages daily, with a trading volume exceeding 120 million USD, and the DAO tools are used over 20,000 times each month, all achieved by more than 690,000 mobile community members.Dora Yue, founder of OKX Ventures, stated that OKX Ventures has been committed to building a Web3 application with millions of user participation, serving the community as its mission. DeBox supports one-click wallet login and decentralized management. In addition to providing each user with a native NFT as an Avatar, it allows for the construction of digital assets belonging to user circles through decentralized identity authentication (DID). Even more exciting is that DeBox enables real-time interaction with other Web3 decentralized applications (dApps). Just like the Bitcoin community, with the rapid development of the ecosystem, we believe that DeBox's rich interactive experience and efficient lightweight features can drive exponential growth in Web3.
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