The hacker withdrew $31 million worth of crypto assets from the Polygon-based MonoX platform. Igor Igamberdiev, an analyst at The Block, drew attention to this.
According to the researcher’s observations, the attacker stole:
5.7 million MATIC tokens (worth approximately $10.5 million);
3900 WETH ($18.2 million);
36.1 WBTC ($2 million);
1200 LINK ($31 000);
3100 GHST ($9100);
5.1 million DUCK ($257,000);
4100 MIM ($4100);
274 IMX ($2000).
Shortly after Igamberdiev’s tweet, MonoX representatives confirmed the hacking.
The developers apologized to the investors. According to them, the incident is being investigated and measures are being taken to return the funds.
Representatives of MonoX soon explained that the attacker managed to raise the price of the MONO token “to the skies” with the help of a swap contract, and then purchase “all other assets in the pool” for it.
Recall that in early November, the bZx DeFi platform lost $55 million as a result of hacking.