Socket, a cross-chain protocol, confirmed the loss of $3.3 million due to an exploit. This incident was acknowledged in a social media post on January 16. Socket, a component in today’s interconnected blockchain ecosystem, facilitates cross-chain interactions and is used in several Web3 applications, including Synthetix, Lyra, Kwenta, Superform, Plasma Finance, and Level Finance. The exploit targeted users who had granted infinite approvals to Socket contracts. In a post on X the company stated, “Urgent. Socket has experienced a security incident which affected wallets with infinite approvals to Socket contracts.” Socket also swiftly paused the affected contracts to mitigate further damage.
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FIGR_HELOC
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DOGE
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USDS
$0.999925
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RAIN
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LEO
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ZEC
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XMR
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WBT
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LINK
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▲ +0.80%
XLM
$0.161464
▼ -0.20%
DAI
$1.00
▲ +0.00%
BCH
$213.18
▼ -0.20%
USD1
$0.999664
▲ +0.00%
USDE
$0.999504
▲ +0.00%
GRAM
$1.35
▼ -2.70%
Mkt Cap $2.28T
BTC Dom 56.63 %
BTC
$64,276.00
▼ -0.30%
ETH
$1,899.66
▼ -0.20%
USDT
$0.999242
▲ +0.00%
BNB
$592.98
▼ -0.10%
USDC
$0.999629
▲ +0.00%
XRP
$1.03
▼ -2.20%
SOL
$72.61
▼ -1.40%
TRX
$0.327075
▼ -0.50%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.61
▼ -1.40%
DOGE
$0.069194
▼ -0.60%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012557
▼ -0.30%
LEO
$9.73
▼ -0.20%
ZEC
$504.12
▼ -0.60%
ADA
$0.199838
▲ +4.90%
XMR
$368.45
▲ +0.60%
WBT
$55.65
▼ -0.40%
LINK
$8.18
▲ +0.80%
XLM
$0.161464
▼ -0.20%
DAI
$1.00
▲ +0.00%
BCH
$213.18
▼ -0.20%
USD1
$0.999664
▲ +0.00%
USDE
$0.999504
▲ +0.00%
GRAM
$1.35
▼ -2.70%
BTC
$64,276.00
▼ -0.30%
ETH
$1,899.66
▼ -0.20%
USDT
$0.999242
▲ +0.00%
BNB
$592.98
▼ -0.10%
USDC
$0.999629
▲ +0.00%
XRP
$1.03
▼ -2.20%
SOL
$72.61
▼ -1.40%
TRX
$0.327075
▼ -0.50%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.61
▼ -1.40%
DOGE
$0.069194
▼ -0.60%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012557
▼ -0.30%
LEO
$9.73
▼ -0.20%
ZEC
$504.12
▼ -0.60%
ADA
$0.199838
▲ +4.90%
XMR
$368.45
▲ +0.60%
WBT
$55.65
▼ -0.40%
LINK
$8.18
▲ +0.80%
XLM
$0.161464
▼ -0.20%
DAI
$1.00
▲ +0.00%
BCH
$213.18
▼ -0.20%
USD1
$0.999664
▲ +0.00%
USDE
$0.999504
▲ +0.00%
GRAM
$1.35
▼ -2.70%
Mkt Cap $2.28T
BTC Dom 56.63 %
BTC
$64,276.00
▼ -0.30%
ETH
$1,899.66
▼ -0.20%
USDT
$0.999242
▲ +0.00%
BNB
$592.98
▼ -0.10%
USDC
$0.999629
▲ +0.00%
XRP
$1.03
▼ -2.20%
SOL
$72.61
▼ -1.40%
TRX
$0.327075
▼ -0.50%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.61
▼ -1.40%
DOGE
$0.069194
▼ -0.60%
USDS
$0.999925
▲ +0.00%
RAIN
$0.012557
▼ -0.30%
LEO
$9.73
▼ -0.20%
ZEC
$504.12
▼ -0.60%
ADA
$0.199838
▲ +4.90%
XMR
$368.45
▲ +0.60%
WBT
$55.65
▼ -0.40%
LINK
$8.18
▲ +0.80%
XLM
$0.161464
▼ -0.20%
DAI
$1.00
▲ +0.00%
BCH
$213.18
▼ -0.20%
USD1
$0.999664
▲ +0.00%
USDE
$0.999504
▲ +0.00%
GRAM
$1.35
▼ -2.70%
