Cryptocurrency
[loss] $460,000
Tweet thread by PeckShield
Primary Source ↗Financial Loss
$460,000
(460,000 USD)
Blockchain(s)
Ethereum
Incident Details
Despite the fact that Coinbase’s Base blockchain was only officially launched a week ago, and a relatively small amount of funds are locked on the chain, it’s already racking up its own tally of scams and hacks.SwirlLend was a lending protocol operating on both Base and the similarly newborn Linea chain. Shortly after its launch, the project drained a combined $460,000 from the two chains, then deleted its social media accounts.
Total loss estimated at $460,000.
Technical Details
- Vendor / Product
- SwirlLend
Timeline
- 2023-08-16 Breach occurred
- 2023-08-16 Publicly disclosed