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ZachXBT

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 <p class="is-style-lead">Defi <a rel="noopener noreferrer nofollow" title="platforms" href="https://thebittimes.com/tag/platforms.html">platforms</a> Aerodrome and Velodrome suffer a <a rel="noopener noreferrer nofollow" title="front-end" href="https://thebittimes.com/tag/front-end.html">front-end</a> <a rel="noopener noreferrer nofollow" title="attack" href="https://thebittimes.com/tag/attack.html">attack</a>, with an estimated $40,000 compromised.&nbsp;</p>
 <p>Two prominent defi <a rel="noopener noreferrer nofollow" title="platforms" href="https://thebittimes.com/tag/platforms.html">platforms</a>, Aerodrome and Velodrome, have experienced security breaches in their <a rel="noopener noreferrer nofollow" title="front-end" href="https://thebittimes.com/tag/front-end.html">front-end</a> systems. The incidents occurred on Nov. 28, as disclosed by the <a rel="noopener noreferrer nofollow" title="platforms" href="https://thebittimes.com/tag/platforms.html">platforms</a>.</p>
 <p>Both Aerodrome and Velodrome alerted their users through X, advising them to cease all interactions with their services due to these security concerns. They have initiated thorough investigations into the breaches. Velodrome has further asked users not to use the web link attached to their social media bio.&nbsp;</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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    <p lang="en" dir="ltr">To be clear, do NOT use the link in our Twitter bio. The link in the quoted tweet is a mirror and is safe. Only use that one for now. https://t.co/8QDodF7HDP</p>— Velodrome (@VelodromeFi) November 29, 2023
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 <p>ZachXBT, an analyst and popular figure in the crypto community, highlighted that an estimated $40,000 in digital assets are being transferred from the compromised <a rel="noopener noreferrer nofollow" title="platforms" href="https://thebittimes.com/tag/platforms.html">platforms</a>. These assets are linked to two distinct digital wallet addresses.</p>
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">Looks like stolen funds are going to these two addresses <br><br>0x02BA13f39D7df9C3F7592257b636eD6C7CC4ae78<br>0xf64fCEdFCe714Bbe835761e54D7067f2f8231443 pic.twitter.com/mm6SUhCLhq</p>— ZachXBT (@zachxbt) November 29, 2023
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 <p>As per the latest data from DefiLlama, Aerodrome holds a total value of $62.68 million, while Velodrome’s total value stands at $136.76 million. Notably, Velodrome is recognized as the largest decentralized exchange (DEX) on the Optimism network. Meanwhile, Aerodrome, which operates as a fork of the Velodrome protocol, has established itself as the leading DEX on the Base network.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/defi-platforms-aerodrome-and-velodrome-hit-by-front-end-cyberattacks-tbt72093.html">https://thebittimes.com/defi-platforms-aerodrome-and-velodrome-hit-by-front-end-cyberattacks-tbt72093.html</a></p>

Defi platforms Aerodrome and Velodrome hit by front-end cyberattacks

TheBitTimes

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