Today in DeFi - Furucombo Approval Exploit, Armor Token Dump, and More
FuruCombo Approval Exploit
Furucombo’s proxy contract was exploited, affecting 15M in funds.
If you have used furucombo, you should check your approvals above and remove them. The team says they have addressed the issue and things are ok going forward, and that they will also address lost funds.
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Armor Token Dump
Scammers stole 1.2m ARMOR tokens from the team in a social engineering attack, and dumped them on the market. The team says the loss was limited to that, the project is safe and the project will move on.
Tether Settles with NYAG
Tether has settled its case with the New York State Attorney General for $18.5M. While other questions may remain, at least this regulatory threat is closed.
1Inch on BSC
1inch.exchange, a dex aggregator, is now on BSC as well as Ethereum. This not only means you can use 1inch on BSC, but also means 1inch accesses liquidity on both chains.
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned