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xToken DeFi Project Hacked For Over $25M

xToken, a project which automates staking and liquidity strategies and wraps them into ERC-20 tokens, has been hacked to the tune of ~$25M. The attack resulted in xToken’s TVL dropping by roughly 30% to $63M, according to DeFi Llama. The xSNXa and xBNTa token contracts, for which xToken automates the staking strategies as well as…
By: Owen Fernau •

xToken, a project which automates staking and liquidity strategies and wraps them into ERC-20 tokens, has been hacked to the tune of ~$25M. The attack resulted in xToken’s TVL dropping by roughly 30% to $63M, according to DeFi Llama. The xSNXa and xBNTa token contracts, for which xToken automates the staking strategies as well as…

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