SwapNet Security Breach, Approximately $16.8 Million in Cryptocurrency Stolen

Odaily News According to PeckShieldAlert monitoring, Matcha Meta reported a security breach at SwapNet, putting users who opted out of the "one-time authorization" at risk. As of now, approximately $16.8 million worth of cryptocurrency has been stolen. On the Base chain, the attacker exchanged about 10.5 million USDC for approximately 3,655 ETH and has begun bridging the funds to Ethereum. Relevant parties advise users to immediately revoke authorizations for all personal aggregators except the 0x one-time authorization contract.