Xai

Phishing Attack

Estimated loss

$845.8K

VERDICT —OUT OF SCOPE

Root cause is phishing — victims signed malicious transactions or approvals off-protocol. Contract logic was not the failure surface; user-side wallet hygiene was. Pre-deployment audit cannot catch this class.

▰ METHOD

PHISHING

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

▰ PROOF OF CONCEPT

DEFIHACKLABS

src/test/2023-11/XAI_exp.sol

view forked test on github ↗

Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.

Forensic narrative

Xai, a Layer 3 solution for AAA gaming, has issued an alert for phishing impersonating Xai, where attackers have fraudulently obtained approximately $374 ETH, valued at approximately $845.8K. Attack method (per SlowMist): Phishing Attack. Reported loss: $ 845,800.

Primary source

https://twitter.com/SlowMist_Team/status/1732652912688406759 ↗

Sourced from

slowmist

Technical record