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Industry

DCENT Warns App Wallet Users After Detecting Abnormal Asset Transfers

DCENT says the issue appears limited to its App Wallet and urges users to move assets while avoiding wallet addresses and transfer instructions from unofficial channels.

Written By Sharmistha Suman
Edited by Sujha Sundararajan
Published 47 minutes ago
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DCENT Warns App Wallet Users After Detecting Abnormal Asset Transfers

Key Highlights

  • DCENT detected abnormal asset transfers involving its App Wallet on September 16.
  • The company said its initial findings indicate the issue is limited to the App Wallet.
  • Users holding assets in the App Wallet are urged to transfer them to a secure hardware wallet or another trusted address.

DCENT Wallet, a digital asset management ecosystem, has issued an official notice stating that it has detected abnormal asset transfers involving its App Wallet and is conducting an urgent investigation.

In a post published on its verified X account on September 16, 2026, the company said initial findings indicate the issue appears limited to the DCENT App Wallet.

Important Notice

We have detected abnormal asset transfers involving the DCENT App Wallet and are currently conducting an urgent investigation.

Based on our initial findings, the issue appears to be limited to the DCENT App Wallet.

If either of the following applies to you, we… pic.twitter.com/dhDZjmnh9S

— DCENT Wallet (@DCENTWALLETS) September 16, 2026

DCENT urged users holding assets in the App Wallet, regardless of the amount, to move them as soon as possible. The warning also applies to users who use the same mnemonic phrase for their D’CENT App Wallet and a hardware wallet.

DCENT also warned users to remain alert for scams. It stated that users should not send assets to any wallet address provided through direct messages or unofficial channels and should not click links or follow transfer instructions from unverified sources.

The company said it will provide further updates through its official accounts once it confirms the cause, the scope of impact, and necessary response measures. Official accounts listed in the notice are @DCENTWALLETS, @DCENTWALLETS_KR, and @DCENTWALLETS_JP.

Details of the notice

The statement, titled “Important Notice,” begins by confirming the detection of abnormal asset transfers and the start of an investigation. It emphasizes that, based on current information, the problem is confined to the App Wallet product.

DCENT explicitly recommends immediate transfer of assets for two groups of users: those with holdings of any size in the App Wallet and those who reuse the same mnemonic phrase across the App Wallet and a hardware wallet. The company did not provide further technical details about the nature of the abnormal transfers or the number of affected users.

The notice concludes with a reminder about scam risks and a commitment to release additional information through the listed official channels once the investigation yields clearer findings.

Context of recent blockchain security incidents

The DCENT notice comes amid several other security-related developments reported in the preceding weeks.

On August 31, 2026, Ontology, a Layer-1 blockchain focused on decentralized identity, temporarily halted block production on its mainnet after developers flagged a potential security concern during a routine daily check. 

In an official announcement published on its website and X account, the Ontology core development team described the suspension as a preventive measure while it and network validators conducted a comprehensive security review. The team stated that no confirmed security incident had been identified at the time and that ONT, ONG, and other on-chain assets remained unaffected based on its assessment. Transactions were paused until the network resumed.

On August 24–25, 2026, Cosmos Labs, the team that maintains the open-source Cosmos EVM module, advised Cosmos EVM chains in contact with it to have their validators halt their networks in response to an ongoing security incident. 

According to a statement on its verified X account, the incident affected users of the Cosmos EVM module. Cosmos Labs said its security and engineering teams were responding and that it would publish an incident report after the situation was resolved. The advisory followed a series of network pauses among Cosmos SDK chains running Ethereum-compatible smart contracts.

On August 15, 2026, DeFiLlama founder 0xngmi reported that a fake DeFiLlama application listed on Apple’s App Store had been removed after the team demonstrated that it could drain a crypto wallet.

 In an X post, the founder said the team had spent months reporting the application to Apple over trademark and impersonation concerns. After loading a small test wallet, downloading the app, and confirming that funds were drained, the team reported the findings to Apple. The application was subsequently removed.

These earlier events involved temporary network suspensions, module-level advisories, and the removal of a fraudulent mobile application. DCENT’s notice differs in focusing specifically on abnormal transfers linked to its App Wallet and in recommending asset transfers rather than a network-wide halt.

What users need to know

DCENT’s statement does not quantify the number of affected wallets or the volume of assets involved. It also does not identify a specific vulnerability or attack vector. The company has directed users to its official X accounts for future updates and has listed customer-support contact information in the original post.

Users who believe they may be affected are advised in the notice to move assets to a hardware wallet or another trusted address and to avoid any transfer instructions received through unofficial channels. The company has indicated that additional information will be released once the investigation confirms the cause and the extent of the impact.

Also Read: Kraken Parent Payward to Bring Hyperliquid Perpetuals to US Traders via Bitnomial

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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