🚨Galxe, Web3's identity project, warned users about a security vulnerability on its site and asked them not to interact with the platform. At the same time, analyst ZachXBT suggests that the hackers are likely the same ones that recently attacked Balancer.

🔍Galxe reported a security breach on October 6, asking users not to visit the compromised site until the problem is resolved. Several users have already reported funds being stolen.

Galxe is a Web3 protocol used to run interactive cryptocurrency giveaway campaigns and airdrops. It offers identity services.