Security Breach At Dolomite: Users Urged To Take Precautionary Measures

Security Breach At Dolomite: Users Urged To Take Precautionary Measures

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Source: TheMerkle.com

The Ethereum contracts associated with the popular decentralized exchange, Dolomite, recently fell victim to a concerning approval attack, resulting in a significant loss estimated at around $1.9 million. 

The old contracts of @Dolomite_io on Ethereum suffered an approval attack, resulting in a loss of ~$1.9M.

The hacker exploited the batchTransfer function of the TradeDelegate contract to transfer tokens approved to the contract from users. The batchTransfer function can only be…

Read More https://themerkle.com/security-breach-at-dolomite-users-urged-to-take-precautionary-measures/

The post "Security Breach At Dolomite: Users Urged To Take Precautionary Measures" appeared first here TheMerkle.com.

Source: TheMerkle.com

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