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Cosine: ParaSwap venture capital has been rescued by white hats with minimal losses

Cosine: ParaSwap venture capital has been rescued by white hats with minimal losses

CointimeCointime2024/03/20 06:47
By:Cointime

SlowMist Cosmos issued a reminder on the X platform that users of the DEX protocol ParaSwap need to cancel the authorization of funds for the following address (multi-chain): 0x00000000FdAC7708D0D360BDDc1bc7d097F47439. The related risk funds have been rescued by white hats, and the losses are small. Earlier today, DEX aggregator ParaSwap announced on the X platform that it has discovered a critical vulnerability affecting users of the Augustus V6 contract that requires authorization. ParaSwap has temporarily 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 soon be returned to users. In addition, users must revoke their permission to the Augustus V6 contract. Currently, four addresses have been affected, with a total loss of $24,000.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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