Huo Xing Cai Jing reports that, according to security firm Blockaid, the Ethereum-based project X100 has been attacked. As of its alert issued at 22:49, the attack was still ongoing, with two transactions siphoning approximately 4.85 million USDT. Blockaid stated that an attacker seized two of the project’s three “Senate” governance seats and sold 400,000 X tokens from the treasury into a liquidity pool they created themselves. Subsequently, another attacker destroyed the Uniswap V3 liquidity position held by the “Freezer” contract. Blockaid has published the relevant attack addresses and sample transactions.
Security firm Blockaid reports an ongoing attack on X100, with 4.85 million USDT stolen.
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Summary
Security firm Blockaid disclosed ongoing attacks on X100 on Ethereum, with 4.85 million USDT stolen by 22:49. Attackers secured two of three 'Senate' governance seats and drained the treasury. A separate attacker burned Uniswap V3 liquidity linked to the 'Freezer' contract. The CFT framework is now under pressure to address vulnerabilities in risk-on assets. Attack addresses and transactions have been publicly shared.
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