Hacker Targets RocketSwap, Then Launches Meme Token
RocketSwap, a DEX on the Base Layer 2 network, suffered a hack, losing 471 ETH ($862,000). The team identified lapses, including offline signatures during launchpad deployment and storing private keys on the server. While some accused the team of a potential rug pull, RocketSwap blames a third-party hacker who brute-forced a server to extract private keys. Post-hack, the hacker moved assets to Ethereum, creating a meme token, “LoveRCKT”, which saw a brief price surge on Uniswap before plummeting.
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RocketSwap, a DEX on the Base Layer 2 network, suffered a hack, losing 471 ETH ($862,000). The team identified lapses, including offline signatures during launchpad deployment and storing private keys on the server.
While some accused the team of a potential rug pull, RocketSwap blames a third-party hacker who brute-forced a server to extract private keys.
Post-hack, the hacker moved assets to Ethereum, creating a meme token, “LoveRCKT”, which saw a brief price surge on Uniswap before plummeting.
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