X100 is under an ongoing attack, with approximately 4850000 tokens USDT siphoned off
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AT A GLANCE
Blockaid said that X100 on Ethereum is under an ongoing attack, with transactions siphoning off approximately 4850000 tokens USDT。
Article
Security firm:X100 is under an ongoing attack, with attackers having siphoned off approximately 4850000 tokens USDT
PANews October 24 According to monitoring by security firm Blockaid, the Ethereum-based X100 has come under attack. As of the time it 22: 49 issued its alert, the attack was still ongoing, and transactions had siphoned off approximately 4850000 tokens USDT. Blockaid said that an attacker seized of the project's “Senate” (governance seats) and sold 400000 X tokens from the treasury into an empty pool created by the attacker. Subsequently, another attacker destroyed the Uniswap V3 liquidity position held by the “Freezer” contract. Blockaid has published the relevant attacker addresses and sample transactions.
PANews reported that security firm Blockaid detected that X100 on Ethereum had come under attack.
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As of the time Blockaid 22: 49 issued its alert, the attack was still ongoing.
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transactions had siphoned off approximately 4850000 tokens USDT。
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An attacker seized of the project's “Senate” (governance seats).
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The attacker sold 400000 X tokens from the treasury into an empty pool created by the attacker.
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Another attacker destroyed the Uniswap V3 liquidity position held by the “Freezer” contract.
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Blockaid has published the relevant attacker addresses and sample transactions.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an attack targeting the X100 project. Reports indicate that the attackers both gained some governance seats and disposed of treasury tokens and damaged liquidity positions; the attack had not yet stopped at the time the alert was issued.
Why it matters to readers
The incident involves project governance, treasury tokens, and liquidity positions, with approximately 4850000 tokens USDT reported siphoned off. Users should monitor whether the attack has stopped, whether project assets have been recovered, and whether governance control has changed.
If you hold X100, X tokens, or provide liquidity in the relevant pools, first verify official information released by the project team and security firms; do not trade or grant approvals based solely on media reports.
Risks and unknowns
The evidence only indicates that the attack remained ongoing as of 22: 49; it does not state when the attack ended.
The evidence does not state the final destination of the approximately 4850000 tokens USDT or whether they can be recovered.
The evidence does not specify the scope of affected users, the project team's response, or any compensation arrangements.
The evidence does not specify X100 whether control of the governance seats and the liquidity position have been restored.
Related Developments
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Related concepts
Governance seat: A decision-making seat within a project's governance mechanism.
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →Treasury: A contract or account through which a project holds and manages assets.
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →Liquidity position: A share of assets providing liquidity in a trading pool.
This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →Empty pool: A trading pool lacking available trading liquidity.
This term is not in the glossary yet. Browse related concepts in the glossary.