A hacker stole $31 million from the <button class="define-target" id="liquidity-pool">liquidity pool</button> provider MonoX by exploiting a bug in their <button class="define-target" id="smart-contract">smart contract</button> software that allowed them to exchange a token for itself and artificially inflate the price. MonoX took the classic approach of those burned by crypto issues, and tried to get the cash back by... asking nicely.

"Really stupid “smart contract” bug let hackers steal $31 million in digital coin"

"Another DeFi hack has taken place as the liquidity pool provider MonoX was compromised for over $30 million."

Web3 is Going Just Great

$31 million stolen from MonoX in smart contract bug