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ID:

project-x-964

Date:

Status:

Incident Count:

July 7, 2022

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

Assure Defi

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Audit By:

Audits:

None

Loss Amount:

18,000

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Recovered:

-

Rewards:

Currency:

USD, PXT

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Avalanche

Assets

Token

Key Management

Extended Method:

Private Key Compromise

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Days in Operation:

271

(0.74 Years)

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Project X claims to be Defi-as-a-Service platform where PXT token holders are able to use their tokens to create “nodes” and those nodes are rewarded with a drip of PXT rewards.

The project reported an exploit in which the hacker created an exploit contract as a proxy to transfer out 500k PXT tokens from the Rewards Pool and exchanged for 911 AVAX. According to the Project Team, the Rewards wallet was compromised.

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