ParaSwap Contract Vulnerability: $24.00K Reported Loss
Decentralized exchange (DEX) aggregator ParaSwap announced the discovery of a critical vulnerability affecting its approved aggregation smart contract Augustus V6.
- Reported loss
- $ 24,000
- Attack category
- Contract Vulnerability
Incident Overview
This vulnerability impacts users who have authorized the Augustus V6 contract. In response, ParaSwap has temporarily halted the V6 API and employed white-hat attack methods to ensure the safety of user funds. These funds have been securely transferred to a secure wallet starting with 0x66E90 and are slated to be returned to users promptly. Additionally, ParaSwap urges users to revoke authorization for the Augustus V6 contract to mitigate potential risks. Currently, it is known that 4 addresses have been affected by this vulnerability, resulting in a total loss of approximately $24,000. ParaSwap is taking measures to address and fix this vulnerability while ensuring the safety of user funds.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.