The Galxe website has been hacked, and Balancer hackers are likely responsible Cryptocurrency scrgruppen

Galxe, a Web3 adoption project, has instructed users not to interact with the platform after a security breach occurred on its website.

Meanwhile, on-chain investigator ZachXBT says the hackers are likely the same rogue actors who recently attacked Balancer’s front-end.

  • Galxe reported the security incident via its official X handle on October 6, and asked users not to visit the hacked site until the issue is resolved.

  • Project previously I was informed Users who reported their website down were advised not to connect their wallets, or if connected, to immediately disconnect and also refrain from signing any transaction.
  • While the platform has yet to determine the level of financial damage, Galxe’s warning may be a bit too late, as several users have already reported stolen funds.
  • According to on-chain investigator ZachXBT, the hacker started moving funds to an address while also mentioning that they might be the same people who attacked Balancer’s front-end.

  • As previously reported CryptoPotato, Balancer asked users not to interact with its interface, because it was under attack. Shortly after the warning, the hacker stole about $238,000. The Ethereum-based decentralized protocol later revealed that the incident was the result of a social engineering attack.
  • Galxe is a Web3 protocol used to run interactive cryptocurrency giveaway and airdrop campaigns. It provides accreditation services.
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