Matcha Meta breach tied to SwapNet exploit drains up to $16.8M

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Matcha Meta Breach Results in $16.8M Theft via SwapNet Exploit A security breach involving decentralized exchange aggregator Matcha Meta has led to the theft of approximately $16.8 million in cryptocurrency. The breach occurred through a vulnerability in one of its primary liquidity providers, SwapNet. The incident highlights ongoing security challenges within decentralized finance platforms. 2 sources 29