mySwap, an automated market maker in the Starknet ecosystem, was attacked, leaving the protocol with almost no remaining liquidity
Svmuu News: mySwap, an automated market maker in the Starknet ecosystem, issued a security advisory stating that its centralized liquidity protocol was exploited today, resulting in the near-total depletion of the protocol’s remaining liquidity. Since its front-end interface had stopped accepting new liquidity more than six months ago, the funds currently affected consist primarily of residual liquidity spread across more than 100,000 LP positions. After completing the theft, the attacker transferred the funds across chains and obfuscated the transaction path using the privacy protocol Railgun to conceal the flow of assets. The team is currently investigating the details of the vulnerability and evaluating follow-up measures.
Source:Odaily · Source Link
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