Security firm Blockaid said X100, a project on Ethereum, was under active attack at the time of its 22:49 alert, with roughly 4.85 million USDT already extracted across two transactions. According to Blockaid, one attacker seized two of the project’s three "Senate" governance seats and sold 400,000 X tokens from the treasury into an empty pool the attacker created. Blockaid also said a second attacker later destroyed the Uniswap V3 liquidity position held by the project’s "Freezer" contract. The alert described the incident as ongoing at the time it was posted, indicating the exploit had not yet been contained when Blockaid published its notice.
Odaily reported that, according to Blockaid, X100 on Ethereum was hit by an attack that was still ongoing when the security firm issued an alert at 22:49. By that point, about 4.85 million USDT had been extracted through two transactions.
Blockaid said one attacker took control of two of the project’s three "Senate" governance seats and sold 400,000 X tokens from the treasury into an empty pool created by the attacker.
It added that a second attacker then destroyed the Uniswap V3 liquidity position held by the project’s "Freezer" contract.
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