#PeckShieldAlert Matcha Meta has reported a security breach involving SwapNet. Users who opted out of "One-Time Approvals" are at risk.
So far, ~$16.8M worth of crypto has been drained.
On #Base, the attacker swapped ~10.5M $USDC for ~3,655 $ETH and has begun bridging funds to #Ethereum.
Revoke all approvals to individual aggregators outside of 0x's One-Time Approval contracts immediately.
Matcha Meta
@matchametaxyz
01-26
We are aware of an incident with SwapNet that users may have been exposed to on Matcha Meta for those who turned off One-Time Approvals
We are in contact with the SwapNet team and they have temporarily disabled their contracts
The team is actively investigating and will provide
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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