TechFlow News: On June 20, mySwap, an automated market maker (AMM) in the Starknet ecosystem, issued a security alert stating that its concentrated liquidity protocol was exploited today, nearly draining all remaining liquidity from the protocol. As its frontend interface has not accepted new liquidity deposits for over six months, the affected funds primarily consist of residual liquidity scattered across more than 100,000 LP positions. After completing the theft, the attacker transferred the stolen funds cross-chain and obfuscated the transaction trail using the privacy protocol Railgun to conceal the asset flow. An investigation into the vulnerability details is ongoing, and subsequent response measures are being assessed.
Add to Favorites
Share to Social Media
