The price of the controversial XEN token has crashed by over 33% after experiencing both a Sybil attack and a minting exploit that saw the attacker mint over 100 million tokens.
The price of the controversial XEN token has dropped by more than 33% after someone exploited an FTX gas loophole. The attacker has minted over 100 million XEN tokens through the loophole, and the attack is still ongoing.
The project initially made the headlines for allowing users to mint tokens with only a gas fee involved. The whole intention of the project raised suspicion that it may have been a scam, but an exploit like this was not brought up.
The attacker dep
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