ParaSwap Investigating Potential Profanity Exploit, Funds Stolen

Qubit Finance Hacked for $80 Million in Latest DeFi Exploit

Blockchain security company Supremacy Inc. has tweeted that DeFi aggregator ParaSwap may have been compromised, leading to multiple chains’ stolen funds. The exploit may be a result of a profanity vulnerability.

The ParaSwap team did offer an update saying that it was investigating the issue but that the address has no power after the deployment.

Supremacy said that the deployer’s address is associated with multiple multi-sign wallets. It recommended to ParaSwap that it ensure that other multi-sign addresses are not generated by profanity.

This post will be updated as the story develops.

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