Base project RocketSwap shares emergency plan following $865K exploit

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Base project RocketSwap shares emergency plan following $865K exploit
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  • 📰 Cointelegraph
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471 ETH, worth $865,000 has been stolen from BuildOnBase project RocketSwapLabs due to a brute force hack on the protocol’s server, prompting an emergency plan to help retrieve the funds.

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated“A brute force hack of the server was detected, and due to the proxy contract used for the farm contract, there were multiple high-risk permissions that led to the transfer of the farm's assets. We shut down the farm to prevent further damage.”

RocketSwap is a decentralized exchange on Base, with plans to gradually become community-owned through a decentralized autonomous organization.

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