Newdex Responsed to Fake EOS Incident: Users didn’t suffer any loss.
Today, Newdex (https://Newdex.io) responded to the Fake EOS incident which media reported of a $58,000 loss to users did not match the facts. In the incident, Newdex promptly started emergency measures, fixed the vulnerability and published an announcement.
The platform bore the full loss and users’ assets were not damaged. The hackers have full returned IQ and ADD, and their assets transferred to the Bitfinex exchange have been frozen.
We hold the initial intention of building a new era of decentralized trading. Newdex has adopted off-chain matching and on-chain dealing model that allows each transaction to be transparent and unmodifiable.