Security
X100 stablecoin exploit drains $4.7M after attackers seize protocol votes
The Cryptonomist·October 24, 2026·1 min read
Attackers took control of protocol voting before draining approximately $4.7 million in stablecoins in the X100 stablecoin exploit, Chainalysis reported. By capturing Senate seats, they secured a majority that allowed them to manipulate treasury assets and direct them into a pool they controlled.
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