TokenOfPower exploited for $1.5M via governance flaw

An exploit targeting TokenOfPower (TOP) has resulted in losses of 944.2 wETH, worth approximately $1.5 million, according to a report from blockchain security firm GoPlus. The firm stated on its official X account that an attacker leveraged a governance configuration error in AragonDAO. The hacker, who already held over 50% of the TOP supply, exploited a structural flaw to mint an unauthorized 10 billion TOP. They then swapped 1 billion of these tokens for wETH. TOP is an ERC-20 token.