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Hacker Stole ~50% of Total Token supply of QANX, Price fash crashes 94%.

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Hacker Stole ~50% of Total Token supply of QANX, Price fash crashes 94%.

The exploiter hacked the offline bridge smart contract of the QAN platform and managed to withdraw about 50% of the total token supply of QANX.

The total supply of QANX token is 3.3 billion.

The exploiter has withdrawn 1.3 billion tokens out of it.

The hacker swapped the stolen QANX tokens into ~3,090 BNB ($837.5k) and ~256 ETH ($328k) and started to transfer them via Tornado Cash.

Soon after the hack, the price of QANX dumped 94%

https://preview.redd.it/whohaov8s5t91.png?494&format=png&auto=webp&s=d3abd0ebe7b867c3448f8d8d3bd660959bda2e71

Official response of the QAN platform team:

The bridge smart contract that is offline was hacked and the attacker managed to withdraw tokens. Please don’t perform any transactions related to the QANX token. We are investigating the issue and going to keep you updated Most likely we are going to do a snapshot before the hack and airdrop tokens according to it. 
submitted by /u/Vishal_pratap_
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