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Hacker Exploits ApolloX Exchange; Here’s What Led to the Loss of 53 million APX Tokens

Decentralized crypto exchange ApolloX was reportedly exploited on June 8, as the platform stated that the hacker found a flaw in the platform’s Trading Rewards Contract.

The incident came to light when the DEX temporarily disabled the withdrawal function only to be resumed later on Wednesday.

ApolloX exploit details

According to ApolloX, the bad actor managed to accumulate 255 signatures, which allowed the withdrawal
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