What happened
The exploiter:
The transaction behind the exploit:
The exploiter:
- funded himself through Tornado Cash mixer
- purchased around ~700k HEX2T tokens from the Uniswap exchange
- created an “empty” stake on the Staking contract of the Axion Network by invoking the stake function with a 0 amount and 1-day stake duration:
- invoked the deposit function of the NativeSwap contract
- managed to mint around ~80 billion AXN tokens by utilizing the unstake function of the Axion Staking contract
- sold tokens on the Uniswap
- distributed stolen funds between external addresses
- deposited funds into Tornado Cash mixer:
- repeated several times.
Protocol details
Evidence
- report @axion_network incident report twitter.com
- report Post-mortem medium.com
- report Report cointelegraph.com
- analysis DeFiLlama defillama.com
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