Cryptocurrency
[loss] $2M+
Tweet by ApolloX
Primary Source ↗Financial Loss
$1.5M
(1,500,000 USD)
Blockchain(s)
Bsc
Incident Details
The ApolloX exchange suffered an exploit where an attacker was able to withdraw around 40 million $APX, which they were able to swap for around $1.5 million. This also caused the $APX price to drop by more than 50%.The exchange has announced plans to repurchase $APX to boost the price, so far spending $600,000 to do so.
Total loss estimated at $1,500,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- ApolloX exchange attack
Timeline
- 2022-06-08 Breach occurred
- 2022-06-08 Publicly disclosed