Leaderboard
1166All-time rank
NewDex
Sep 14, 2018
$58K
Lost
$58K
Recovered
$0
Net loss
$58K
Unrecovered0% recovered
Newdex decentralized exchange was exploited on September 14, 2018 when hackers created one billion fake EOS tokens named 'EOS'. The platform's lack of smart contract validation and reliance on personal accounts for settlement allowed attackers to purchase real EOS (4,028) and other tokens (BLACK, IQ, ADD) using the counterfeit tokens.
The exchange compensated all users.
- Target
- DeFi
- Classification
- Token & Share Accounting
- Technique
- Infinite Mint
- Attribution
- Unknown
- Chains
EOS
Event timeline
- Sep 14, 2018Exploit executed — $58K drained via infinite mint
- Attributed to Unknown
- Recovery status Unrecovered 0%