Medium Smart contract exploit Source: PeckShield Alert

Approximately 19 million THEO tokens were minted on the Base network, and the hacker exchanged them for 700.8 ETH (approximately $1.76 million) before bridging the ETH to the Ethereum network

Approximately 19 million THEO tokens were minted on the Base network, and the hacker exchanged them for 700.8 ETH (approximately $1.76 million) before bridging the ETH to the Ethereum network. THEO has experienced a 92% price drop in 24 hours.

Estimated loss
$1,760,000
Protocols
THEO
Chains
Base, Ethereum
Confidence
High
First seen
13 Oct 2026, 09:08 UTC

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