TITANX Hack
Incident Overview
TITANX token project experienced an exit scam rugpull on Oct 30, 2023, resulting in a loss of 82,238 USD from the UniSwap liquidity pool.
TITANX is an ERC20 token trading on UniSwap. On Oct 30, 2023, the scammer received a significantly larger number of tokens and then rugpulled by selling 4,854,740,126,240,000 TITANX, completely depleting the liquidity pool. The part of stolen funds are still at the scammer's address as of October 30, stored as ETH, while the rest were sent to another address.
Deployer Address:
https://etherscan.io/address/0x9AFB1C02…78D95F
Scammer Addresses:
https://etherscan.io/address/0xBd72D445…2B5871
https://etherscan.io/address/0x78559C6e…065965
https://etherscan.io/address/0x47E16F84…602524
Liquidity Removal Transaction:
https://etherscan.io/tx/0x2aa6446b…230ecf
Incident Report
Protocol Information
Market Context at Time of Hack
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to TITANX, these are the critical security checks that could have prevented this incident (October 2023).
- Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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