Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.
RocketSwap, a decentralized change, has been hacked on the Base Layer 2 community, ensuing within the theft of 471 ETH value $870,000 by a third-party hacker. The group has recognized safety lapses, together with the DEX’s use of offline signatures and storing personal keys on the server, as the reason for the hack. This marks the second hack on the Base community in fast succession, following a $630,000 loss by LeetSwap. The hacker moved the funds to Ethereum and created a meme coin named LoveRCKT, which noticed its worth triple in a day earlier than dropping by 90%.
