DX.Exchange had a user uncover a rather large security loophole. The company now addresses the public and its users.
DX.Exchange has successfully patched and shutdown the loophole in the security framework which resulted from an authentication token error, the firm said.
The response by the firm was immediate once it was made aware of the security breach and responded by working on a patch to prevent any threat to users information and their funds.
The process took eight hours, which critics say took too long, considering the volume of damage that could’ve been done.