As many of you are aware, Xeggex has been compromised by a security incident, and withdrawals are currently unavailable.
The latest update states that funds are safe and access will be restored soon, but we want to take this opportunity to remind everyone of an important principle—tokens should never be kept on an exchange once you have finished trading. Any tokens held on an exchange are not truly yours until they are in your own wallet.
We also recognize that relying on a single centralized exchange (CEX) presents a risk for Hemis. Because of this, we have been actively working to add a new market on a reliable decentralized exchange (DEX) to improve access to HMS without relying solely on centralized infrastructure. More details on this will be shared soon.
In addition to this upcoming new market, a third-party company has launched a bridge to Binance Smart Chain (BSC), allowing members of the Xeggex community to create and use liquidity pools there if they wish. More information on this can be found here: https://wrapping.services/.
We’ll continue to monitor the situation with Xeggex and provide updates as we have them. Thank you for your patience, and as always, stay safe and keep control of your own tokens.
