PeckShield, the blockchain security data and analytics company, has identified a breach on the CoW Swap DEX which led to a $180,000 exploitation by an attacker.
According to PeckShield, the heist on CoW Swap started about ten days before the time of the report. At the time, an attacker appeared to trick CoW Swap’s GPv2Settlement contract into approving SwapGuard for DAI spending. Having achieved this, the attacker followed up by triggering SwapGuard to transfer DAI from GPv2Settlement.
PeckShield revealed that the attacker transferred funds out of CoW Swap…
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Source: Cryptocurrency - investing.com
