Trading on LeetSwap has been temporarily paused after the DEX noticed a potential exploit.
Decentralized exchange LeetSwap, which operates on Coinbase’S Base network has announced a sudden pause to trading, citing concerns of a potential exploit.on Aug. 1 that it noticed some of its liquidity pools may have been compromised and has temporarily able stopped trading to investigate.
Algorithmic market maker Wintermute’s research head Igor Igamberdiev was among those sharing theories on how the exploit may have worked, saying the attacker could have used an exposed smart contract function.The function would have allowed them to undertake a series of token swaps eventually allowing them to drain liquidity pools on LeetSwap.
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