Derivatives trading platform Paradex experiences a security incident. According to reports, its partnered trading robot Mithril Trading Bot system was hacked, with attackers breaching defenses to access internal system permissions, resulting in the leakage of sub-key information for approximately 57 users.
But there's good news — these leaked sub-keys are actually limited in scope, only usable to execute trading operations on behalf of users, and cannot directly withdraw or transfer funds from accounts. In other words, users' funds are not directly at risk.
Paradex's official team immediately launched an emergency response, suspended all XP point transfers, and stated that services would be restored soon. They also revoked all association permissions between affected accounts and the trading robot. These actions were quite decisive, effectively cutting losses in time. For users who participated in this robot service, it is recommended to stay vigilant and closely monitor account activity.
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DeepRabbitHole
· 12h ago
Fortunately, it's just the trading permissions leaked, or I would have gone ballistic.
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CryingOldWallet
· 12h ago
Fortunately, it's just a trading permission leak; otherwise, it could have been a total loss.
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0xInsomnia
· 12h ago
This reaction is okay, not directly threatening withdrawals is indeed a lifesaver.
Leaking sub-keys is still a bit disgusting, gotta keep a close eye on it.
Paradex handled this in a timely manner, but why is it always these bots causing trouble?
Key leakage is actually quite scary, luckily it's just trading permissions.
It's somewhat interesting to see how quickly they revoke permissions, much better than some platforms.
57 users, not particularly many but not few either, still need to check what needs to be checked.
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GateUser-2fce706c
· 12h ago
I've already said it before, these custodial bots are just the conscience of the gambling platform. Now it's come to this, right? 57 users had a misfire, luckily it was just trading permissions, or this wave would have blown up.
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BearMarketMonk
· 12h ago
Key leakage is okay as long as direct withdrawals are not possible, or it would be terrifying. Paradex responded quickly, so I guess this time we're lucky.
Derivatives trading platform Paradex experiences a security incident. According to reports, its partnered trading robot Mithril Trading Bot system was hacked, with attackers breaching defenses to access internal system permissions, resulting in the leakage of sub-key information for approximately 57 users.
But there's good news — these leaked sub-keys are actually limited in scope, only usable to execute trading operations on behalf of users, and cannot directly withdraw or transfer funds from accounts. In other words, users' funds are not directly at risk.
Paradex's official team immediately launched an emergency response, suspended all XP point transfers, and stated that services would be restored soon. They also revoked all association permissions between affected accounts and the trading robot. These actions were quite decisive, effectively cutting losses in time. For users who participated in this robot service, it is recommended to stay vigilant and closely monitor account activity.