Hack history / 2025 / Hack or exploit
IPC AI
Hack or exploit on Jan 7, 2025 · Swap Logic Flaw
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$590K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,093
among thefts by dollars lost
What happened
IPC AI token deployed on BSC suffered a flash loan attack where the attacker bypassed the flash loan protection mechanism and exploited the deflationary burning mechanism in the token pair. The attacker leveraged the swap() function to circumvent protective measures and extract approximately $590,000 from the liquidity pair.
Details
- Date
- Jan 7, 2025
- Kind
- Hack or exploit
- Method
- Swap Logic Flaw
- How in
- Smart contract bug
- Target
- Token
- Chains
- BNB Chain
Reported by
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Cite this page
SwanBluechip, "IPC AI hack, Jan 7, 2025: $590K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htc62c59f961/ (data as of 2026-10-31).