Scan to Download
Search "SwapNet" has a total of3related results
Techub News reports, according to BlockSec monitoring, the root cause of the SwapNet and Aperture Finance hacking incidents lies in insufficient input validation in the victim contracts, which exposed arbitrary call capabilities. This allowed attackers to abuse existing token approvals and call transferFrom to steal assets. The two projects lost approximately $17 million on January 26 due to security vulnerabilities.
Techub News reports, according to PeckShield monitoring, Matcha Meta has reported a security vulnerability in SwapNet, putting users who have not enabled the "one-time authorization" function at risk. As of now, the stolen crypto assets are worth approximately $16.8 million; on the Base chain, the attacker has exchanged about 10,500,000 USDC for approximately 3,655 Ethereum and has begun cross-chain transferring the funds to the Ethereum mainnet. Relevant risk handling advice should be based on subsequent announcements from the project team and aggregator. Users may consider checking and revoking related authorizations other than the "one-time authorization" contract.
Techub News reports, according to BlockSec Phalcon monitoring, a suspected attack on the Aperture Finance contract has occurred on-chain, pending further confirmation and disclosure from the project team. BlockSec did not provide complete attack details or the scale of losses in this monitoring information; the relevant impact scope is subject to official follow-up announcements. Previously, PeckShieldAlert had warned about risks related to aggregator "approvals/one-time approvals" and disclosed progress on the SwapNet incident. Users are advised to self-check and promptly revoke any unnecessary approvals.
Current search results fully loaded
