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Exchange Crime: Dx.Exchange Has Serious Security Weaknesses that Could be Easily Illegalize

This week, Dr. Exchange platform launched, it was met with much fanfare and exposure across the financial news arena. However, major problems are already afoot.

You can obtain a digital version of Apple, Facebook, and Apple stocks but also some of the most popular cryptocurrencies. The exchange had a soft launch on Jan 7 and has been marketed as bridging the gap between cryptocurrencies and real-world stocks. 

Although the exchange had received some favorable reviews from major news outlets, the exposure has now taken a turn for the worst as reports are surfacing that Dx.Exchange has some major security issues.

The anonymous trader went onto say:

You can see from the account’s email address it’s @coins.exchange. I have pretty good confidence I could do this for a day and get an administrative token and have everything.

The trader found that the request he had sent from his browser to Dx.Exchange included information about the authenticated token and the user’s details to access the account.

 The initial exposure in the financial media seemed like a great thing for the exchange, but could now become a liability as they need to exercise some damage limitations.

The anonymous trader who gave this information to Ars Technica created a dummy account to test the robustness of the platform and its security. Soon after turning on the developer tool in the Google Chrome browser to explore further, he found out some shocking details.

 

 

The trader found that the request he had sent from his browser to Dx.Exchange included information about the authenticated token and the user’s details to access the account.

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