Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

RocketSwap Breach: Memecoin Emerges

August 18, 2023
Reading Time: 1 min read
in Incidents
RocketSwap Breach: Memecoin Emerges

A recent cyber breach targeted the Base-DEX, RocketSwap, resulting in the theft of 471 ETH, valued at approximately $860,000. The attacker swiftly transferred the stolen funds to the Ethereum mainnet, introducing a memecoin dubbed $LoveRCKT. This new digital token was seeded into a Uniswap liquidity pool, accompanied by a staggering 90 trillion $LoveRCKT tokens, paired with 400 ETH.

RocketSwap, the victimized DEX, responded to allegations on social media that its team was involved, vehemently denying any internal connection to the attack. Instead, RocketSwap attributed the breach to an external malicious actor exploiting a vulnerability arising from the use of offline signatures. The hacker’s brute force attack allowed them to drain user funds from RocketSwap’s farms.

This incident underscores a series of issues surrounding Coinbase’s Base Network, with RocketSwap marking the second application to fall prey to an attack, following the exploitation of LeetSwap earlier. The Base Network has also witnessed the emergence of the notorious $BALD memecoin, which faced a rug-pull after a substantial 6,800 ETH was extracted from its liquidity pool on LeetSwap. Despite its anticipated entry into the blockchain ecosystem, Base Network’s reputation has been marred by controversies since its July 13 mainnet launch.

References:
  • RocketSwap – As a result of the team’s investigation
  • PeckShieldAlert – The @RocketSwap_Labs exploiter has grabbed ~471 $ETH and bridged them from #Base to #Ethereum
Tags: AttackersAugust 2023Cyber incidentCyber Incidents 2023CyberattackCybersecurityData BreachHackersmemecoinRocketSwap
ADVERTISEMENT

Related Posts

Interlock Ransomware Threat Alert

Hackers Use Ransomware on SharePoint Servers

July 24, 2025
Interlock Ransomware Threat Alert

Data Breach Affects 340K Jobseekers

July 24, 2025
Interlock Ransomware Threat Alert

Beluga Vodka Ransomware Attack Reported

July 24, 2025
UK Advances Plan to Report Ransomware Attack

Weak Password Triggers Ransomware Old Firm

July 23, 2025
UK Advances Plan to Report Ransomware Attack

US Nuclear Agency Breached in MS Hack

July 23, 2025
UK Advances Plan to Report Ransomware Attack

European Healthcare Network Breached

July 23, 2025

Latest Alerts

Interlock Ransomware Threat Alert

GitLab Patches Key Vulnerabilities

Backdoor Found in WP Plugins

Lumma Stealer Returns with New Tactics

npm Phishing Emails Target Developer Logins

MuddyWater Emerges Amid Iran-Israel Clash

Subscribe to our newsletter

    Latest Incidents

    Data Breach Affects 340K Jobseekers

    Hackers Use Ransomware on SharePoint Servers

    Beluga Vodka Ransomware Attack Reported

    Weak Password Triggers Ransomware Old Firm

    US Nuclear Agency Breached in MS Hack

    European Healthcare Network Breached

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial