The scammers minted 100 million XEN by using a loophole, connected to the FTX exchange. The attack continues, and the value of the crypto asset has decreased by 33%.

At the moment, XEN is in a very difficult situation. The crypto asset was attacked by Sybil and the price decreased by 33%. Using some tricks, the scammers minted approximately 100 million tokens and they did not stop there.

What happened to XEN? On 10/10/2022, cyber scammers deployed a smart contract to attack. After that, they used the hot wallet address on FTX, from which small transactions in ETH were made for the deployed contract. Any transfer creates from 1 to 3 subcontracts that perform XEN minting. Due to some features of the crypto asset, the payment for this comes from FTX. The attack is on the rise as no ban on covering network fees has been created.

There is information that the blockchain has been attacked by Sybil at the moment. The essence of the attack - to replace the identifiers in the P2P network with hacker ones. There are 335,000 Sybil addresses now, or about 80% of all network addresses.

Earlier, the Analyst predicted an update by bitcoin of the annual minimum price.