Data leak
[loss] $24M+
"Attacker uses flash loans in $24.5 million exploit of DeFi protocol xToken"
Primary Source ↗Financial Loss
$24.5M
(24,500,000 USD)
Incident Details
A flash loan attack allowed hackers to exploit two vulnerabilities in the xToken DeFi platform and steal $24.5 million. This was the first of two large-scale hacks of the platform this year.
Total loss estimated at $24,500,000.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- xToken
Timeline
- 2021-05-12 Breach occurred
- 2021-05-12 Publicly disclosed