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Hackers exploited X100 Global's governance to steal about 4.85M USDT by manipulating treasury tokens and liquidity.

Market News
24 Oct 2026
Tokenpost
View Source
Bearish
Hackers exploited X100 Global's governance to steal about 4.85M USDT by manipulating treasury tokens and liquidity.

Attackers gained control of two of three seats in X100 Global's Senate and used this power to move treasury tokens and liquidity, stealing approximately 4.85 million USDT. They sold 400,000 X tokens into an empty pool they created and burned liquidity positions, with about 12.2 million X tokens still held in the project's Freezer contract. The attack exploited the governance model where Senate members control liquidity decisions via smart contracts. This incident highlights risks in decentralized governance and token security for X100 Global's fixed 14 million supply ERC-20 token.

The X100 Global Senate takeover and token movement provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 25, 2026 03:51 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell. EGLD was priced at Rp58.933 with a 1-day change of -7.03%, DOT at Rp18.802 with -6.92%, and AAVE at Rp2.475.419 with -6.41%.

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