DeFi Platform Credix Suspected of Deactivating X Account After Security Breach

According to BlockBeats, DeFi platform Credix is suspected to have deactivated its X account. This development follows a recent security breach reported on August 4, where Credix's administrator account was compromised. The attack resulted in an estimated loss of approximately $4.5 million. The breach involved the unauthorized minting of acUSDC tokens, which are not backed by real assets, under the Credix Market Sonic USDC.