Crypto’s security crisis deepens – 3 exploits rattle the market in 24 hours

As a step of safety measure, the team noted on X,

All exchanges have been notified and are temporarily suspending deposits and withdrawals.

Users have also been advised to avoid sending or receiving $ARRR and refrain from using their wallets until further notice.

The Gamdom multidollar hack

Next, the Gamdom exploit resulted in approximately $4.3 million in reported losses across multiple blockchain networks.

In this, around $2.2 million was stolen across EVM-compatible networks, including Ethereum [ETH], $BNB Chain [$BNB], Polygon, Arbitrum, and Optimism, while another $965,000 was taken on Solana [SOL]. The attacker also reportedly extracted $375,000 from TRON and $668,000 in Bitcoin [BTC].

Here, the transaction trail shows funds being moved through attacker-controlled wallets, swapped between tokens, bridged across chains, and routed through services such as THORChain and Hyperliquid.

That said, Gamdom initially reported detecting a potential disk failure on a server before discovering an unauthorized connection to an automation server, prompting further investigation. However, the exact attack method and final losses remain subject to confirmation.

What led Demex to shut down completely?