DeFi Reels as CrediX Hack Pushes 2025 Losses Past $3.1 Billion Amidst Multisig Vulnerabilities Exploiter’s Silent Infiltration and $4.5 Million Heist Highlight Critical Gaps in Decentralized Security The decentralized finance (DeFi) ecosystem, a realm promising financial innovation and accessibility, has once again found itself in the crosshairs of sophisticated cyberattacks. The recent exploit targeting CrediX,…

DeFi’s Bleeding Edge: CrediX Exploit Pushes 2025 Losses to Devastating $3.1 Billion, Multisig Vulnerabilities Exposed As the decentralized finance ecosystem grapples with mounting security breaches, a recent attack on CrediX highlights a disturbing trend of multisignature wallet failures, contributing to a staggering $3.1 billion in DeFi losses for 2025 and raising urgent calls for advanced…

DeFi’s Darkening Horizon: CrediX Hack Pushes 2025 Losses Past $3 Billion Amidst Escalating Multisig Vulnerabilities As the decentralized finance ecosystem grapples with a seismic $3.1 billion in losses for 2025, the recent CrediX exploit highlights a chilling trend: the alarming fragility of multisignature wallet security. The decentralized finance (DeFi) landscape, once heralded as the future…