X100 governance flaws exploited in flash loan attack causing $6M loss
AI summary
X100 suffered a $6M loss after governance flaws were exploited in a flash loan attack. The attacker repaid the flash loan using proceeds from the theft while their stake remained locked, and Arkadiko's ballot accepted late token purchases. Traders should watch for governance and flash-loan vulnerabilities across DeFi protocols, as these exploits can drain funds and undermine confidence in on-chain voting systems.
