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Cyvers Alerts: ParaSwap was attacked, resulting in a total loss of $12.35 thousand

Cyvers Alerts: ParaSwap was attacked, resulting in a total loss of $12.35 thousand

2024/03/20 09:29

Mars Financial News, according to Cyvers Alerts monitoring, the attack on ParaSwap resulted in a total loss of $123,500 on the Ethereum, Polygon, and Arbitrum chains.

Earlier today, DEX aggregator ParaSwap posted on X platform that it had discovered a critical vulnerability affecting users authorized by Augustus V6 contract. ParaSwap has temporarily suspended V6 API and conducted white-hat attacks to ensure the safety of user funds. These funds are now securely stored in Safe wallets starting with 0x66E90 and will soon be returned to users. In addition, Cosine stated that ParaSwap's risk capital has been rescued by white-hats with minimal losses.

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