Cointime

Download App
iOS & Android

LeetSwap Temporarily Halts Trading Due to Potential Security Breach

LeetSwap, a decentralized exchange (DEX) forked from Solidly, has temporarily halted trading due to a potential security breach. The exchange's factory had a security pause function which was triggered after the team noticed that some pool liquidity may have been compromised.

In a statement on their Twitter account, LeetSwap advised users not to conduct any transactions during the investigation period to ensure the safety of their assets. The exchange assured users that they were working to resolve the issue as soon as possible and would restore trading once the situation had been resolved.

Comments

All Comments

Recommended for you

  • Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

    She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
  • OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

    The game is currently available in early access on the Epic Games Store.
  • Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

    Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
  • State of Venus Q1 2024

    Venus (XVS) is a decentralized finance platform built on the BNB chain, offering a robust money market protocol for the crypto community. At its core, Venus enables users to deposit various cryptoassets, which can then be borrowed. Venus employs a unique algorithmic approach unlike traditional financial systems, where central entities often set interest rates. The interest rates for borrowing and lending on Venus are dynamically adjusted based on a jump rate model and whitepaper rate model. These models leverage the utilization ratio, which is the proportion of deposited assets that have been borrowed.
  • State of Aptos Q1 2024

    Aptos (APT) is a Layer-1 blockchain designed around the core tenets of scalability, safety, reliability, and upgradeability. Aptos was born out of Meta’s Diem and Novi projects, eventually launching in October 2022. Core developer Aptos Labs raised about $400 million in two 2022 private investor rounds.
  • The address that defrauded 1,155 wBTC has returned more than 96% of the funds to the victims

    Blockchain data shows that the address poisoning attacker lured users to send 1,155 Wrapped Bitcoins (wBTC) (valued at $68 million at the time) to them. The attacker has returned almost all of the stolen funds. These funds were exchanged for Ethereum (ETH) during the attacker's holding period, and the price of ETH has since fallen. However, the attacker returned about 22,960.07 ETH, worth about $65.7 million, which accounts for over 96% of the initial stolen funds in terms of US dollar value.
  • TrumpAI tokens on Ethereum have been RUG

    PeckShield has monitored that the TrumpAI token on the Ethereum blockchain has fallen by 100%. An address starting with 0x935A sold 5,000,000,000,000,000,000,000 TrumpAI tokens, which is about 26.57 WETH (approximately $80,000). Note: rugpull tokens have the same name as legitimate tokens.
  • WOOFi attacker address has transferred 100 ETH to Tornado cash

    PeckShield monitoring shows that the address marked by the WOOFi attacker has transferred 100 ETH to Tornado cash. The WOOFi attacker has already transferred 2200 ETH (worth about $6.5 million) to Tornado cash.
  • The Base ecosystem Bloom project said it has recovered 90% of the funds stolen in the attack

    On May 10th, Bloom, a decentralized derivatives exchange on the X platform, announced that they have recovered $486,000 (minus 10% for bug bounties) out of the total funds utilized ($540,000). All of these funds will be redistributed to limited partners. 10% of the bug bounty has been agreed upon in exchange for not pressing charges against those who exploited the bug. A compensation plan for limited partners affected by the bug will be completed within the next 24-48 hours. Funds are safe and there is currently no need to revoke contract access.
  • SlowMist: The hacker who stole 1,155 WBTC may be from Hong Kong

    According to SlowMist analysis , the IP address associated with the theft of 1155 WBTC has been traced to Hong Kong (VPN use cannot be ruled out). Earlier reports indicated that a certain address was suspected to be a victim of phishing attacks and lost 1155 WBTC, worth 71 million USD. Subsequently, the fraudsters sold all 1155 WBTC and exchanged them for 22960 ETH, and used a large number of wallet addresses to send and launder the funds.