Woofun AI reports that mySwap, an automated market maker within the Starknet ecosystem, disclosed a security breach involving its centralized liquidity protocol. The incident resulted in the near-total depletion of remaining liquidity, primarily affecting residual assets distributed across more than 100,000 liquidity provider positions. This exposure occurred despite the platform's front-end interface having ceased accepting new liquidity deposits for over six months.

Following the extraction of funds, the perpetrator executed cross-chain transfers and utilized the privacy protocol Railgun to obscure the transaction trail, effectively concealing the movement of stolen assets. An internal investigation into the specific vulnerability is currently underway, with subsequent remediation strategies under active assessment.