Digital Asset
Intelligence
Security Incident · Exchange

Token of Power Malicious Governance Takeover: $1.58M Reported Loss

·Historical incident record

Incident Overview

Token of Power (TOP) suffered a governance takeover exploit due to misconfiguration in its Aragon DAO (no timelock). The attacker used funds from Tornado Cash to acquire majority voting power (>50% of the small 16,384 TOP supply), passed a malicious proposal in a single transaction to mint billions of new TOP tokens, and drained 944.2 WETH (~$1.58M) from the TOP/WETH Balancer V1 liquidity pool. Balancer protocol itself was not exploited.

Sources & References

Original incident referencehttps://crypto.news/token-of-power-exploit-drains-1-58m-from-balancer-pool/ (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

More Security Incidents

View All →
  1. Incident date
    Attack methodSmart Contract Vulnerability
    Reported lossNot disclosed
  2. Incident date
    Attack methodSupply Chain Attack
    Reported loss$ 62,900
  3. Incident date
    Target

    Fluid

    Attack methodPrivate Key Leakage
    Reported loss$ 215,000
  4. Incident date
    Target

    NovaBox

    Attack methodFlash Loan Attack
    Reported loss$ 93,600
  5. Incident date
    Attack methodSmart Contract Vulnerability
    Reported loss$ 110,600