DeFi building block service Furucombo exploited for $14M
Furucombo, a drag and drop tool for users to create DeFi transactions, has been exploited.
The exploiter has stolen roughly $14M in ETH and ERC-20 tokens. According to The Block Research’s Igor Igamberdiev, the exploiter used a fake contract to trick Furuсombo into thinking that Aave v2 had a new implementation and used this contract to transfer all approved tokens from Furucombo into their wallet.
According to a tweet from Furucombo, the project “believe” that the vulnerability has been patched and is “working on the next steps and will update our community as soon as we can.”
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: The Block
