According to BlockBeats, on October 7, Galxe released a statement on the DNS security incident on October 6. The website has been fully restored. It is estimated that about 1,120 users were affected and about $270,000 in assets were stolen. On October 6, an unidentified person pretended to be an authorized member of Galxe and contacted the domain service provider Dynadot support to reset the login credentials. The impostor provided Dynadot with forged documents to bypass their security processes and gain unauthorized access to domain accounts, which they used to redirect users to fake websites and sign transactions that stole their funds. The incident only affected our domains and front-end applications. All Galxe smart contracts and Galxe's technical systems remain secure and protected. All user information remains secure and unaffected.
