The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28.
The two platforms posted announcements on X (formerly Twitter) stating their front ends were compromised and asked users not to interact with the platforms while investigations were underway.
Our frontend is currently compromised. Please do not interact with Aerodrome for the time being. The team are investigating and will communicate more here when we have it.
— Aerodrome (@aerodromefi) November 29, 2023
Our frontend is currently compromised. Please do not interact with Velodrome for the time being. The team are investigating and will communicate more here when we have it.
— Velodrome (@VelodromeFi) November 29, 2023
According to one X user, funds amounting to roughly $40,000 are on the move and trace back to two different wallet addresses.
Looks like stolen funds are going to these two addresses
0x02BA13f39D7df9C3F7592257b636eD6C7CC4ae78
0xf64fCEdFCe714Bbe835761e54D7067f2f8231443 pic.twitter.com/mm6SUhCLhq— ZachXBT (@zachxbt) November 29, 2023
DefiLlama reports that Aerodrome has a total locked value of $63.59 million and Velodrome has $139.73 million.
This is a developing story, and further information will be added as it becomes available.
Additional reporting by Arijit Sarkar
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