Security Incident
xToken Flash Loan Attack: $4.50M Reported Loss
The DeFi pledge and liquidity strategy platform xToken, which suffered a lightning loan attack, released an analysis report on the vulnerability of the xSNX contract.
- Reported loss
- $ 4,500,000
- Attack category
- Flash loan attack
Incident Overview
At 4:43 UTC on August 29th, a vulnerability in the xSNX contract was exploited, and the holder's loss was estimated to be 4.5 million U.S. dollars. xToken believes that it is best to stop providing xSNX products at this time. xToken stated that it will no longer use the xSNX contract for SNX pledge.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.