CryptoSlate reports that X100 suffered a $6 million loss due to governance flaws. An attacker exploited these flaws by repaying a flash loan with stolen funds while their stake remained locked. Additionally, Arkadiko's ballot allowed late token purchases, compounding the issue. This incident raises concerns about governance mechanisms in decentralized finance (DeFi).
AI-assisted source briefing. Based on the CryptoSlate RSS report; not independently verified.
Source published: Wed, 28 Oct 2026 02:10:15 +0000
[Read the original report](https://cryptoslate.com/x100-governance-flaws-trigger-6m-loss-due-to-a-flash-loan/)
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