DeFi building block service Furucombo exploited for $14M
UPDATED: March 1, 2021, 4:46AM EST

<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://dribbble.com/Ivan_Haidutski" target="_blank">Ivan Haidutski for The Block</a></span></span></span>
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Furucombo, a drag and drop tool for users to create DeFi transactions, has been exploited.
The exploiter has stolen roughly $14M in ETH and ERC-20 tokens. According to The Block Research's Igor Igamberdiev, the exploiter used a fake contract to trick Furuсombo into thinking that Aave v2 had a new implementation and used this contract to transfer all approved tokens from Furucombo into their wallet.
According to a tweet from Furucombo, the project "believe" that the vulnerability has been patched and is "working on the next steps and will update our community as soon as we can."
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