X100 exploit takes 4.85M USDT after a governance takeover on Ethereum, a third transaction then pulls 550,000 X from a Uniswap pool

Attackers seized control of the X100 token's governance and cashed out its treasury and liquidity positions into stablecoins, and Blockaid warned the attack on Ethereum was still ongoing.

More: The Defiant

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Topics: Stablecoins · Uniswap · CROPS · Security

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X100 exploit takes 4.85M USDT after a governance takeover on Ethereum, a third transaction then pulls 550,000 X from a Uniswap pool · ethernews.org