Fake Google ads impersonating Uniswap tied to alleged $400,000 wallet drain
The attack flow relied on user-signed token approvals on a cloned front-end, not seed phrase theft or malware.
Leading decentralized exchange protocol.
View Uniswap price, charts & market data →The attack flow relied on user-signed token approvals on a cloned front-end, not seed phrase theft or malware.
The report pegs current fair value at $80–$100 while warning protocol revenue may not accrue to token holders.
The push lands as MiCA’s July 1 licensing cutoff nears and the Commission takes feedback through Aug. 31.
The May 21 listing brings a state-supervised, USD-pegged token into Hong Kong’s licensed venue stack via OTC rails.
Apollo’s Morpho partnership and BlackRock’s Uniswap deployment kept moving as insiders pushed baseline controls.
The enterprise stack bundles Earn, Borrow, and Mint modules under a single integration, targeting margin and financing use cases.
The attacker extracted about 108.2 ETH (~$237,000) before thin liquidity capped the payout, while Polkadot itself was unaffected.