An attacker was able to compromise the private key of an admin wallet for the Rubic crypto exchange, transferring around 34 million Rubic tokens. The attacker then sold the tokens on decentralized exchanges Uniswap and PancakeSwap.The enormous sale caused the token price to plummet from $0.082 to $0.016, an 80% decrease. The stolen tokens were nominally worth almost $2.8 million (priced at the value before the theft), but it’s not likely the attackers were able to exchange them for that much given the lack of liquidity to absorb such a huge sale.

Total loss estimated at $814,000.