Cryptocurrency [loss] $2M+

Tweet by ApolloX

2022-06-08 [vendor] ApolloX exchange attack [chain] bsc
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

  1. 2022-06-08 Breach occurred
  2. 2022-06-08 Publicly disclosed