WAX Blockchain Loses $90.5K Following Technical Oversight
Key Highlights The Worldwide Asset eXchange (WAX) sustained an estimated loss of $90,500 following an exploit targeting a smart contract function. Attackers successfully bypassed intended fee validation mechanisms within the eth.token::withdraw function to drain unauthorized funds. The incident underscores persistent technical risks surrounding cross-chain bridge mechanisms and contract-level withdrawal logic in decentralized ecosystems. Technical Vulnerability ...