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SwapNet was attacked, and approximately $16.8 million in cryptocurrency assets were stolen

Jan 26, 2026 10:16:56

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According to market news, Matcha Meta reported a security vulnerability involving SwapNet, putting users who have not enabled the "one-time authorization" feature at risk. So far, approximately $16.8 million worth of crypto assets have been stolen.

On the Base chain, attackers have exchanged about 10.5 million USDC for approximately 3,655 ETH and have begun transferring funds across chains to Ethereum. Please revoke all authorizations for independent aggregators outside of the 0x one-time authorization contract immediately.

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