CoW Swap Under Attack: Understanding the Implications of 550 BNB Loss

The Attack Overview

In a shocking twist, the decentralized exchange (DEX) CoW Swap was recently exploited, leading to a loss of at least 550 BNB. This incident raised eyebrows and fingers across the crypto community as blockchain surveyor MevRefund flagged the suspicious fund movements, alerting users via a Twitter thread, stating, “@CoWSwap your funds appear to be moooving away …” Talk about a not-so-cozy barn!

How It Happened

The smart contract auditors at BlockSec unraveled the mystery behind the attack. A wallet address was maliciously added as a