Cosine: ParaSwap's risk funds have been rescued by white hats, and the loss is minimal

2024-03-20 14:23:14

Collection

ChainCatcher message, SlowMist YuXian posted on platform X reminding: Users of the DEX protocol ParaSwap need to pay attention to revoke the fund authorization for the following address (multi-chain): 0x00000000FdAC7708D0D360BDDc1bc7d097F47439. The related risk funds have been rescued by white hats, and the loss is minimal.

Previously, the DEX aggregator ParaSwap posted on platform X stating that it discovered a critical vulnerability affecting users authorized to the Augustus V6 contract. ParaSwap has suspended the V6 API and conducted a white hat attack to ensure the safety of user funds. These funds are now safely stored in a Safe wallet starting with 0x66E90 and will be returned to users soon.

In addition, users must revoke permissions for the Augustus V6 contract. Currently, 4 addresses are affected, with a total loss of $24,000.

(Source Link)

Related tags

ParaSwap

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

2024-08-19 22:11

ether.fi: eEth native minting is now integrated into the ParaSwap aggregator.

2024-04-29 11:34

The ParaSwap community has agreed to use treasury funds to compensate users for losses caused by the hacking attack.

2024-04-08 16:48

ParaSwap updates on V6 vulnerability progress, has submitted a report to the relevant authorities and initiated an investigation.

2024-03-25 11:58

Related tags

ParaSwap

Mention the project

ParaSwap DeFi trading aggregator