News from BiuJieNet: Blockaid has issued an alert that BarnBridge Smart Yield’s old governance proposal carries a token approval risk. If it is maliciously executed or upgraded, existing token approvals will face a threat. It has not yet been confirmed that any funds have been taken. Users are advised to revoke the relevant authorizations on Ethereum as soon as possible. The proposal is in the executable grace period, has been queued, and the estimated on-chain execution time is July 16 at 17:23:58 (UTC+8). Affected tokens include USDC, DAI, USDT, GUSD, and RAI. Blockaid reminds users to revoke approvals using trusted authorization management tools, not to trust any links in replies or any accounts claiming to support it, and not to send funds to any address or sign any transfers.

ETH2.87%
GUSD0.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 1
  • Share
Comment
Add a comment
Add a comment
WhaleWatcher
· 4h ago
Old governance proposals are really a minefield—that’s a classic DeFi disease. BarnBridge can’t escape this blame; users can only protect themselves for now
View OriginalReply0
MultiSigGuard
· 4h ago
Blockaid’s alert this time was quite timely, but it was only executed on July 16—there was a big window, and most people already withdrew. Don’t drag it out.
View OriginalReply0
  • Pinned