Hack history / 2026 / Hack or exploit
Saga
Hack or exploit on Jan 21, 2026 · Infinite Mint
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$7M
dollars at the time
Returned
none listed
as the sources state it
Rank
#381
among thefts by dollars lost
What happened
On January 21, 2026, attackers exploited an inherited vulnerability in SagaEVM's Ethermint EVM precompile to bypass IBC messaging validation and mint unbacked Saga Dollars, causing a $7M exploit and protocol pause.
Details
- Date
- Jan 21, 2026
- Kind
- Hack or exploit
- Method
- Infinite Mint
- How in
- Smart contract bug
- Target
- Chain
- Chains
- Saga, Ethereum
Related incidents
Saga 2024 · Hack or exploit · $66K
SolvBTC 2026 · Hack or exploit · $2.7M
Initia 2026 · Hack or exploit · $2.6M
TSR 2026 · Hack or exploit · $2.5M
Raydium AMM 2026 · Hack or exploit · $1.3M
SolvBTC 2026 · Hack or exploit · $2.7M
Initia 2026 · Hack or exploit · $2.6M
TSR 2026 · Hack or exploit · $2.5M
Raydium AMM 2026 · Hack or exploit · $1.3M
Cite this page
SwanBluechip, "Saga hack, Jan 21, 2026: $7M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht61ce5e2b72/ (data as of 2026-11-01).