⚠️ Security Warning in the World of Cryptocurrencies: Matcha Meta Losses Reach $16.8 Million!
The Matcha Meta platform, specializing in cryptocurrency exchange through aggregators, suffered a security breach that resulted in the theft of $16.8 million in digital assets over the weekend.
The attack targeted users who granted direct permissions to smart contracts outside the One-Time Approvals feature, allowing the attacker to withdraw millions of dollars and convert them to Ether, then to the Ethereum mainnet to cover their tracks.
💡 Protection Tips:
Always use the One-Time Approvals feature when trading.
Avoid granting direct permissions to untrusted contracts or platforms.
Review your previous authorizations and revoke any suspicious permissions.
📌 This incident comes amid a series of repeated breaches in the DeFi world, where other platforms like Makina Finance and CoWSwap have incurred significant losses in recent months.
Keep your funds secure, and do not risk granting permissions except to trusted and secure platforms.