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Matcha Meta reports a security breach, $16.8M drained, with more users at risk


Matcha Meta reports a security breach, $16.8M drained, with more users at risk

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AI Overview

Matcha Meta reports a security breach linked to SwapNet, resulting in a loss of approximately $16.8 million due to unauthorized token approvals. This incident highlights risks in DeFi security protocols.

Bearish

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Matcha Meta discloses a SwapNet-related security breach that drained about $16.8 million after attackers abused direct token approvals.
Read the article at CryptoPolitan

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