#dexsafe

Introduction

By mid-2025, cyber threats in the crypto industry have shifted from “local incidents” to a systemic risk. According to a semi-annual report by the world-renowned analytics company Chainalysis, the amount of stolen funds has already surpassed the total level of 2024, and if the trend continues, by December the figure may break the $4 billion mark. This is not just statistics — it’s a challenge to trust in infrastructure and traditional models of asset storage.

Key Findings by Chainalysis

Over $2.17 billion was stolen in the first half of 2025 from crypto services (CEX/providers) alone. This is already more than the total for all of 2024. At the current trajectory, this year is 17% worse than 2022 (previously the worst year). If the trend continues, final losses will exceed $4 billion.

The largest incident — the ByBit hack at $1.5 billion, attributed to North Korea. It accounts for ~69% of all service losses YTD.

Personal wallets — a growing share of ecosystem thefts: they account for 23.35% of the stolen value YTD.

“Wrench attacks” (physical coercion) correlate with the price of Bitcoin: price peaks are accompanied by surges in violence.

Geography: most victims — USA, Germany, Russia, Canada, Japan, Indonesia, South Korea; fastest growth — in Eastern Europe, MENA, and Sub-Saharan Africa.

How Crypto Hacks Accelerated in 2025

Chainalysis showed that in 2025 attackers are working much faster than before. In 2022 it took them 214 days to steal $2 billion, but in 2025 they reached this mark in just 142 days. This means hackers have become more organized: using social engineering, insider connections, and sophisticated money-laundering schemes.

The ByBit Example: One Attack That Changes All the Stats

Analysts highlight the case of the ByBit exchange, where, according to Chainalysis, a North Korean group stole $1.5 billion. This is the largest hack in the history of the crypto industry. Its scale shows that state-sponsored hackers can literally “rewrite” yearly statistics with a single strike.

Personal Wallets Becoming the Main Target

Developers of major services have strengthened security, so hackers are increasingly switching to regular users. Bitcoin holders suffer the most: there are fewer attacks, but the amounts stolen are larger — attackers choose victims selectively and “hunt” for big accounts.

Researchers also note the phenomenon of “criminal HODL” — many stolen coins simply remain on hackers’ wallets instead of being laundered immediately. This suggests that some hackers are waiting for the right moment to sell.

When the Threat Goes Offline

Another worrying signal is the growth of so-called “wrench attacks.” These are cases when crypto holders are physically pressured: kidnapped, beaten, or threatened to force them to give up their seed phrase and access to assets.

In 2025, the number of such crimes may double compared to previous peaks. And importantly: the wave coincides with the rise in Bitcoin’s price. The higher the coin’s value, the more often criminals try to obtain it not through hacking, but simply through force.

Why This Trend Is Troubling

Chainalysis analysts emphasize: cybercrime is becoming more centralized. If earlier the market was scattered among many small groups, now the main threat comes from large, well-organized structures, often tied to states.

For ordinary users, this means one thing: no one is immune. Even major exchanges spending millions on security are vulnerable.

Security Comes First

Amid these events, more crypto investors realize: storing funds only on exchanges is too risky. Even the biggest players can’t always withstand attacks.

The solution is clear: move asset management into your own hands. That’s why users are increasingly turning their attention to decentralized wallets.

DexSAFE: Next-Level Protection

One of the solutions that meets the new market challenges is the DexSAFE crypto wallet. Unlike centralized services, it is fully decentralized and built on DexNet technology.

What makes it special?

Double protection: in addition to the seed phrase, an extra passphrase is used. Even if someone learns the seed, without the second layer they can’t access the wallet.

Duress Mode: alternative protective authorization in case of physical coercion.

Global transfers: send crypto anywhere in the world without intermediaries.

Built-in Swaps: exchange tokens directly in the app.

Portfolio management: convenient market and balance monitoring.

DeFi integration via WalletConnect: access decentralized services in just a couple of clicks.

In essence, DexSAFE is not just a wallet, but a full-fledged financial tool that combines storage, exchange, and DeFi functions while keeping the user in full control.

Conclusion: Act “Before,” Not “After”

The Chainalysis report clearly shows: 2025 is the year when criminal groups became faster, bolder, and more sophisticated; and private holders — one of the main targets. The $4+ billion forecast by December is not a scary headline, but a mathematical continuation of the current trajectory. Protecting assets now starts with choosing the right infrastructure and user habits.

Download DexSAFE (📱 Android or 📱 IOS), create a wallet, enable all protection levels — and manage your crypto assets on your own terms.

In a world where the cost of mistakes rises faster than the market, control over your keys is the best investment in peace of mind.

The cryptocurrency industry is developing faster than any other area of financial technology. Just 10 years ago, crypto wallets were tools for a narrow circle of enthusiasts, but today millions of people worldwide use them — from experienced investors to newcomers who have just made their first token purchase.

But the wider the audience, the higher the expectations. Research shows that users have a clear understanding of what an ideal wallet should be.

1. Simplicity and convenience — the first filter when choosing

According to a Reown study, 51% of users prioritize usability when evaluating a crypto wallet. This is not just a wish — it is a condition for the application to be used at all.

Analysts at UniKeys confirm this: 70% of users delete an app if it seems inconvenient or overloaded. In the cryptocurrency space, this is especially critical because it involves handling money. No one wants to spend time learning complex menus or guessing where a function is located.

Why is this important?

Beginners need a simple entry — without complex terms and confusing instructions.

Experienced users value speed of actions and minimal steps.

A convenient interface reduces errors when operating with assets.

2. Speed — time decides everything

Research by Cryptocurrency Development notes that delays in transactions are one of the main reasons users lose trust in an app. Cryptocurrency is associated with instant transfers, so a wallet must meet these expectations.

What does “speed” mean for the user?

The interface responds instantly, without freezes or reloads.

Transactions are confirmed without unnecessary delays.

Transaction history and balances update in real time.

A slow or “lagging” wallet is perceived as unreliable. In a world where seconds can determine the outcome of a deal, this is critical.

3. Maximum security — the foundation of trust

Even the most beautiful interface and lightning-fast speed mean nothing without the main thing — security.

Research by Clootrack and Investopedia confirms that asset protection is a key criterion for wallet trust. After the FTX collapse and high-profile hacks of centralized platforms, interest in self-custody solutions has grown significantly. WIRED reports that more users are choosing wallets where private keys are stored only by the owner, not third parties.

What does maximum security include?

Full control over private keys.

Reliable protection against phishing and attacks.

Simple yet secure access recovery mechanisms.

The ability to store backup phrases offline.

Why DexSAFE Meets These Requirements

DexSAFE was created with these three priorities identified in research in mind.

It is not just another crypto storage app — it is a wallet in which every detail is subordinated to the principles of speed, simplicity, and security.

Speed — transactions are lightning-fast, and the interface responds without delays.

Simplicity — clean, intuitive design that is easy to understand even for a beginner.

Security — private keys remain only with you, and built-in recovery mechanisms ensure protection even in unforeseen situations.

Unlike centralized services, DexSAFE does not store your data on company servers. You are the sole and full owner of your funds. This means that even in the case of global failures or attacks, your assets remain under your control.

Conclusion

Research clearly shows that the future of crypto wallets belongs to solutions that combine three pillars — simplicity, speed, and security.

DexSAFE builds its philosophy precisely on these foundations, offering a tool that not only meets user expectations but also sets the quality standard for the entire industry.

When it comes to your money, compromises are unacceptable. With DexSAFE, you get a wallet where everything is designed so that you can manage your assets easily, quickly, and without doubts about their protection.

Download DexSAFE for 📱 Android or 📱 IOS and start managing your assets with real security.

The year 2025 once again confirmed: hacker attacks on centralized exchanges remain one of the main threats for cryptocurrency holders. This time, the victim was the cryptocurrency platform BigONE, which lost about $27 million in Bitcoin, Ethereum, stablecoins, and other assets.

What happened? The company, registered in the Seychelles, reported that the attack was aimed at its hot wallet — a storage connected to the internet and used for daily operations. As a result, the attackers gained access to BTC, ETH, USDT, SOL, XIN, DOGE, and a number of other coins.

The exchange assured clients that:

private keys were not compromised;

the attack vector was identified and blocked;

all losses will be compensated from internal reserves.

Nevertheless, deposits and trading are temporarily suspended, and withdrawals will resume only after additional security measures are implemented.

Why was this possible? Hot wallets are a necessary element of any exchange. But their very connection to the network makes them vulnerable:

they are accessible for attacks 24/7;

any exploit or phishing attack on the company’s infrastructure can lead to a leak;

users do not control the private keys — they belong to the platform.

The BigONE story is not an exception. Previously:

Bybit lost $1.5 billion due to a cold storage hack;

Coinbase lost $400 million as a result of an insider attack.

How to avoid such risks? The key takeaway: handing over assets for storage to third parties is always associated with danger. Even if a company promises compensation, you lose control and become dependent on the platform’s decisions.

This is where an alternative arises — a personal decentralized wallet where only you own the keys.

Why DexSAFE? DexSAFE is not just a crypto wallet, but a totally decentralized solution for securely storing assets, created without intermediaries or servers. Its advantages:

Only you own the keys. No one but you has access to your funds.

Seed phrase and unique passphrase. Even if the device is lost or stolen, access can be restored.

Complete anonymity and no servers. Your data is not stored in the cloud and cannot be stolen in mass attacks.

Additional security modes. Including Duress mode for emergencies.

Convenience. Assets are accessible from any device, but control always remains only with you.

Each news story about a hack is a reminder: the security of cryptocurrencies is a personal responsibility.

Store assets where there are no intermediaries and vulnerable servers.

Download DexSAFE for 📱 Android or 📱 IOS and start managing your assets with real security.

Your funds — only in your hands.

July 20 — a day that shook India’s crypto market

The morning of July 20, 2025, began with shock for users of Indian crypto exchange CoinDCX. The team officially confirmed a major fund leak: approximately ₹368 crore, or $44.2 million, was withdrawn from one of the operational accounts. The exchange immediately suspended Web3 trading, and panic spread throughout the community: how and why could this happen? And can it be prevented?

What exactly happened to CoinDCX?

According to official reports and independent analysts, the hack was executed through a compromised internal API key, which gave attackers access to the exchange’s operational wallets. These keys — a core part of centralized platform infrastructure — are used to automate transactions and blockchain interactions. But when leaked, they become an open door to millions of users’ assets.

Key facts:

The breach occurred not on the user side, but within the platform itself.

Funds were taken from a hot wallet used for rapid Web3 operations.

CoinDCX temporarily disabled access to dApps and Web3 trading and enhanced security protocols.

The team confirmed that user funds in cold wallets were untouched — but reputational damage was already done.

Interestingly, some reports suggest the attack was multi-phased, designed to bypass internal monitoring systems — indicating a high level of preparation and exposing how even trusted centralized architectures remain vulnerable.

Why are centralized exchanges at risk?

This isn’t new. Binance, KuCoin, Liquid, FTX (pre-collapse) — the list of hacked centralized platforms in recent years is extensive. The root cause is always the same: concentration of control and assets in a single point. Compromise a key or account — and you compromise everything.

Centralized exchanges are convenient, but:

They are vulnerable to internal infrastructure attacks.

They require trust in the managing team.

They can restrict access due to regulations or technical failures.

They don’t offer users full control over their assets.

DexSAFE — The Alternative to Centralized Wallets and Exchanges

When a system collapses from within, users look for solutions that give control back to them. One such solution is DexSAFE — a next-generation decentralized crypto safe.

What makes DexSAFE truly secure:

✅ Full control over private keys You alone manage your keys — they are never sent to servers, synced to the cloud, or stored in centralized databases.

✅ Multi-layer security:

PIN and biometrics protect access on your device.

Seed phrase + passphrase enable two-level recovery.

Duress Mode — a unique feature that hides your real balance and opens a decoy wallet under threat.

Auto-hide balance — protects against prying eyes in public.

✅ Total decentralization: DexSAFE runs on DexNet technology, eliminating servers and external APIs. All data is transmitted and stored in a distributed network, immune to centralized control or attacks.

✅ Smart contract & dApp integration Connect directly to DeFi and Web3 apps — no intermediaries, right from your wallet.

✅ Multi-chain support & reliable performance: DexSAFE supports over 15 blockchains, including Ethereum, BNB Chain, Polygon, Arbitrum, Tron, and more. All updates and transactions operate independently of any centralized points of failure.

Where do we go from here?

The CoinDCX event is yet another warning in a long string of incidents that make us question: do centralized solutions really offer security? Or are they just illusions of comfort — one leak away from disaster?

DexSAFE offers a different path. It’s not just a wallet. It’s infrastructure where you’re not a platform client — you’re the owner of your capital. Where data doesn’t pass through servers — it lives in a decentralized network. Where every action is your choice — not an operator’s responsibility.

Today, when even the biggest exchanges are vulnerable, switching to architectures where security is built-in is no longer optional — it’s essential.

Download DexSAFE for 📱 Android or 📱 IOS and start managing your assets with real security.

Because your money deserves more than hope — it deserves protection.

High-profile hacks are shaking the crypto world more often than ever. One of the most notable in recent months was the attack on the decentralized exchange GMX, which lost $42 million due to a vulnerability in its infrastructure. Although the GMX team has confirmed the breach, the incident raises an important question: how is this still possible in a decentralized world?

What happened?

On July 9, it became known that unknown attackers had drained over $42 million from addresses linked to the GMX Vault — a liquidity pool used for derivatives trading. The funds were quickly bridged from the Arbitrum network to Ethereum — a common move by hackers to “launder” assets and complicate tracking.

A few hours later, GMX acknowledged the exploit and sent a message to the hacker, offering to let them keep 10% as a bug bounty if they returned the remaining 90% — in exchange for immunity from legal action.

According to PeckShield, about $10.5 million has already been returned. But the damage was done: trading and token issuance for GMX v1 were suspended, and the GMX token price dropped by 20%.

Why did this happen?

This isn’t an isolated case. According to TRM Labs, hackers stole $2.1 billion from crypto platforms in the first half of 2025 alone — an all-time record.

The reasons? Vulnerabilities in smart contracts, security design flaws, human error. And even decentralization can’t save a protocol if the flaw lies deep in its core logic.

But the deeper issue is this: users continue trusting complex DeFi products without having full control over their funds. Every major exploit is a reminder — trust without control is a risk.

DexSAFE: Your Alternative to Centralized Chaos

In this environment, safety isn’t enough — autonomy is essential. That’s why DexSAFE was created: a crypto wallet where you are the only one in control of your assets.

Here’s how DexSAFE tackles the issue:

✅ Full Control: Seed Phrase + Passphrase Only you know your keys. Your assets aren’t locked in someone else’s vault with hidden bugs — they’re stored in a secure wallet that can only be recovered with your personal seed phrase, written down by you. No one — not even the DexNet team — has access.

For enhanced protection, there’s also a passphrase — an advanced layer of security that most standard wallets don’t offer.

✅ Total Privacy, No Central Points of Failure DexSAFE requires no documents and collects no data. There are no centralized servers to hack. Everything is decentralized — and stays entirely in your hands.

✅ Security Without Compromise The wallet runs on the proprietary DexNet architecture, free from traditional cloud services or centralized infrastructure. Even if your device is lost, recovery is possible from any other device — as long as you keep your recovery phrase safe.

While Platforms Lose Millions, You Stay in Control

GMX is just one name on a growing list. Tomorrow, it could be any DeFi project. We can’t stop hackers — but we can give you a tool where you have all the power and no intermediaries.

Choose DexSAFE — the wallet where your assets stay under your control.

Available now on the App Store and Google Play.

DexSAFE: Protection You Control. Peace of Mind You Deserve.

Summer 2025 has become a serious wake-up call for the entire crypto community. Over 40 malicious extensions were discovered in the official Firefox add-on store, disguised as popular crypto wallets. MetaMask, Trust Wallet, Phantom, OKX, Coinbase, MyMonero, Exodus — tens of thousands of users trusted them… and lost everything.

Research by the Koi Security team revealed: these extensions were not just clones of legitimate wallets, but fully functional theft tools.

Hackers embedded event listeners into the extension code, tracked the input of private keys and seed phrases, disguised error notifications, and quietly sent all entered data to their servers. They operated on a massive scale, using fake reviews and counterfeit installs.

The result? Users lost access to their wallets in minutes.

Why did this happen?

Because most users don’t realize how vulnerable browser-based wallets really are.

A browser is an open door. It’s full of trackers, ad scripts, cookies — and now, fake extensions. Entering private keys and seed phrases in this environment is like leaving the key to your vault taped to the front door.

What about cold wallets? Aren’t they safer?

Cold wallets have long been considered the safest option — especially for holders who don’t make frequent transactions.

But there’s a catch:

You buy one, write down the seed phrase, put the device in a drawer — and forget about it. Years go by.

Then one day you try to access your assets and discover:

The device is no longer supported

The manufacturer’s website is gone or compromised

Firmware is outdated

The software is insecure

Even worse, some devices sold “factory sealed” are now being tampered with. Fake Ledger and Trezor wallets are increasingly found on marketplaces — and spotting a fake is nearly impossible until it’s too late.

DexSAFE: Control. Security. Simplicity.

All of this shows one thing clearly: it’s time for a new kind of solution.

DexSAFE is more than just a wallet. It’s protection for your freedom.

What makes DexSAFE different?

✅ Total decentralization — Only you have access. No one else. ✅ Seed phrase is yours alone — It’s never stored on servers, never transmitted. Important: Write it down on paper and keep it in a safe place. ✅ Unique passphrase — An extra layer of protection. Even if someone learns your seed phrase, without your passphrase they get nothing. ✅ Guaranteed privacy — No one knows who you are. And that’s the point. ✅ Lost your phone? No problem. Just reinstall the app and restore access with your seed phrase.

DexSAFE — where security empowers you instead of limiting you.

We don’t offer illusions. We don’t ask for trust. We give you control — in your hands.

Choose the smart alternative to outdated solutions. Download DexSAFE only from official sources: 📱 Android or 📱 IOS.

Your assets deserve better. DexSAFE — security you control.

The crypto industry is sounding the alarm again

The first half of 2025 has already been a record-breaking year — and alas, not in a positive way. More than $2.1 billion has been stolen from crypto projects around the world as a result of 75 successful attacks. That’s more than in all of 2024 and 10% higher than the previous anti-record of 2022.

The most high-profile incident is the $1.5 billion hack on the Bybit exchange, which involved losing control of a cold wallet. The method of attack was almost identical to the one previously used by North Korean hacktivist group Lazarus.

However, even setting that case aside, the remaining hacks have consistently brought the hackers about $100 million per month. Most attacks are not technical failures, but targeted operations, from social engineering to compromising seed phrases and private keys.

Why is this happening?

The TRM Labs report emphasizes:

80% of losses are due to infrastructure vulnerabilities — theft of keys, seed phrases, accesses.

Insiders and bribery: even large companies like Coinbase are not immune to insider threats.

Cold wallets are no longer a guarantee — they can be hacked, intercepted in delivery, forged or simply lost.

There is a solution: DexSAFE

While major platforms are “patching holes” and companies are thinking about how to strengthen their defenses, DexSAFE already offers a different mindset — not to trust, but to control.

DexSAFE is the world’s first totally decentralized crypto wallet created for those who value security and freedom.

Why is DexSAFE?

Complete anonymity — no one collects your documents, selfies, addresses and phone numbers.

You create and store a seed phrase — no one has access to your wallet but you.

The passphrase is a unique feature of DexSAFE that increases your protection. It’s like a second level of key, accessible only to you.

Duress mode — emergency PIN for situations where you may be forced to hand over access.

Local security settings — all data is stored only on your device. No clouds, no risk of mass leaks.

Access from any device — your wallet is always with you, even if your phone is stolen — a seed phrase will allow you to regain access.

Security as a strategy

2025 has already shown: trusting centralized platforms is a risk.

Control over your assets should be in your hands. You don’t have to wait for the next high-profile hack to think about security.

The choice is clear: DexSAFE.

Already available on the App Store and Google Play.

On June 19, 2025, one of the largest data leaks in the history of the Internet became known. 16 billion logins and passwords from the accounts of Apple, Google, GitHub, Telegram, Instagram, Facebook and other popular services became publicly available. Users from Russia were particularly affected — 455 million records were directly linked to their accounts.

And this is not a repeat of old databases. Cybernews experts confirm that most of the data has not been published anywhere before. These are fresh, up-to-date hacks. Hackers gained direct access to URLs, logins, passwords, and in some cases, cookies, tokens, and other metadata that allow you to automatically log into accounts. This scale of the leak leaves not only social media users, but also large companies, banks, developers and crypto investors vulnerable.

Amid this disaster, Tether (USDT issuer) CEO Paolo Ardoino announced the creation of a new product, a localized password manager called PearPass.

“The cloud has failed us. Again. It’s time to give it up,” he stated.

The new product is supposed to be an alternative to the usual cloud-based password vaults. But even that doesn’t solve the key problem — the vulnerability of digital assets and personal data in the absence of full autonomy.

While others are discussing, DexNet offers a solution

While the world is anxiously searching for new digital hygiene tools, DexNet has already created a truly secure and decentralized alternative — the DexSAFE wallet.

It is a total decentralized crypto wallet in which:

Anonymity. You don’t hand over your documents, photo and passport details. No one knows that this is exactly your wallet.

You are the sole owner of the seed phrase — a set of 12, 15, 18, 21 or 24 words (the number is chosen only by you) generated when you create the wallet. It’s what gives you access to your assets. No logins, passwords or third-party databases.

The seed phrase only needs to be written down on paper and kept out of reach — it’s your main point of recovery. If you have a passphrase — your assets are under complete control.

An additional layer of protection is a unique passphrase. Even if someone gets access to your seed phrase (let’s imagine purely theoretically), they will not get access to the co without knowing the passphrase. This is an exclusive feature of DexSAFE that no other major wallet on the market has.

What does this mean for you?

While millions of people are losing accounts, funds and access to their digital lives to centralized platforms, you can act differently — through autonomy and control.

DexSAFE is your secure gateway to Web3. No servers, no middlemen, no third party access. Just you, your keys and your control.

Install DexSAFE and forget the fear of leaks: 📱 Android or 📱 IOS.

Keep your assets under your control — not in the cloud, not in an exchange, but in your own.

Privacy. Independence. Security.

That’s not a slogan — that’s DexSAFE.

Download the wallet and see for yourself: 📱 Android or 📱 IOS.