TechFlow News, July 11 — Cross-chain asset bridge ChainSwap announced it has been attacked. The team stated that it has taken a snapshot of holders and LPs prior to the attack and will airdrop new ASAP tokens on a 1:1 basis to pre-attack holders and LPs, including those holding ASAP on exchanges. ChainSwap warns users not to purchase the currently trading ASAP tokens. Additionally, ChainSwap said it will implement a compensation plan for affected token holders.
Currently, the ChainSwap team has frozen the BSC-mapped token address to filter out the hacker's address. Balances may temporarily show as 0 until ChainSwap completes the filtering process. The smart contract was impacted, not wallets interacting with ChainSwap. Funds from personal wallets remain secure.
