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ChainSwap Drained of Roughly $8 Million In Its Smart Contract Vulnerability, More Than 10 Tokens Impacted

Amy Liu

Summary: Cross-chain decentralized finance platform ChainSwap (ASAP) has been drained of roughly $8 million after a critical vulnerability in its smart contract was exploited by a hacker. In its announcement, the project is urging users not to buy its native token while the incident was being investigated.   It claims that the funds from individual wallets are ...

Cross-chain decentralized finance platform ChainSwap (ASAP) has been drained of roughly $8 million after a critical vulnerability in its smart contract was exploited by a hacker. In its announcement, the project is urging users not to buy its native token while the incident was being investigated.  

It claims that the funds from individual wallets are safe, but send and withdrawal functions are yet to be resumed. More than 10 tokens have been impacted by the exploit. UniFarm (UFARM), Optionroom (ROOM), OroPocket (ORO), and other projects have decided to temporarily pull all liquidity from Uniswap and Pancakeswap.

By Amy Liu

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Link: ChainSwap Drained of Roughly $8 Million In Its Smart Contract Vulnerability, More Than 10 Tokens Impacted   [Copy]
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