Hack history / 2026 / Hack or exploit
IEXCBP
Hack or exploit on May 12, 2026 · Spot Price Manipulation
ONE SOURCE · 1 SOURCE
Lost
$97K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,735
among thefts by dollars lost
What happened
IEXCBP's reward withdrawal logic valued USD-denominated rewards using Pancake's live spot price quotes. An attacker flash-loaned WBNB and USDT, posted WBNB as collateral on Venus to borrow larger USDT amounts, then recycled capital through helper accounts interacting with IEXCBP. Each attacker-driven IEX token sale affected subsequent accounts' payout calculations, allowing complete reward pool draining through Pancake spot price manipulation.
Details
- Date
- May 12, 2026
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
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Cite this page
SwanBluechip, "IEXCBP hack, May 12, 2026: $97K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd2372d2f61/ (data as of 2026-11-01).