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August 29, 2021

xToken loses another $4.5 million in second hack of the year

xToken logo: A 3D X, overlaid on a purple gradient background(attribution)
A vulnerability in xToken's xSNX product allowed hackers to use flash loans to empty $4.5 million from xToken. This hack followed an even larger hack in May, where the platform was exploited for around $25 million.
  • "Beleaguered DeFi project xToken suffers second major exploit since May", Cointelegraph
  • "xToken DeFi protocol loses $7M in yet another exploit", Coingeek
Theme tags: Bug, Hack or scam
Tech tags: DeFi

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