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cryptonews 2022-10-03 12:00:00

Hacker Exploits Transit Swap and Steals $23 Million – Here’s Everything You Need to Know

Decentralized exchange (DEX) aggregator Transit Swap had lost $23 million in a hack - before $16.1 million was returned. Another day, another decentralized finance (DeFi) hack. This time around, the target was Transit Swap, which confirmed on Sunday that a hacker had managed to exploit "a bug in the code." Per the crypto security firm SlowMist, The "team analyzed and assessed the size of the stolen funds to be over $23 million."...Read More: Hacker Exploits Transit Swap and Steals $23 Million – Here’s Everything You Need to Know

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