Coinbase Loses $300K in Token Fees After 0x Contract Error
Coinbase has suffered a $300,000 loss in token fees after accidentally granting approval to a 0x Project “swapper” smart contract. The incident, discovered by security researcher Deebeez from Venn Network, allowed a maximal extractable value (MEV) bot to drain funds from the exchange’s corporate wallet. The issue arose when Coinbase’s
