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PeckShield: StableMagnet Finance Moves Users $22 Million Funds

Amy Liu

Summary: Blockchain security company PeckShield just tweeted that StableMagnet Finance, an automatic market maker for stablecoin exchange on the BSC chain, has been approved by many users to move funds. It is recommended that users cancel the authorization of the protocol as soon as possible. PeckShield tweeted that SwapUtils library code is not verified and different ...

Blockchain security company PeckShield just tweeted that StableMagnet Finance, an automatic market maker for stablecoin exchange on the BSC chain, has been approved by many users to move funds. It is recommended that users cancel the authorization of the protocol as soon as possible. PeckShield tweeted that SwapUtils library code is not verified and different from the main Swap contract. There is a need to verify the library code.

By Amy Liu

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