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Matcha Meta Flags SwapNet Bug, Exposing Users to $16.8M Crypto Drain

Matcha Meta Bug, Exposing Users

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Matcha Meta, a trading platform developed by 0x, has issued a critical security alert regarding a vulnerability in its integrated aggregator, SwapNet. The exploit has led to the draining of over $16.8 million in cryptocurrency, primarily affecting users who had disabled Matcha's One-Time Approval feature and granted direct token approvals to individual aggregator contracts.

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