GoPlus: 402bridge Suspected of Theft, Over 200 Users Have USDC Stolen Due to Overauthorization
BlockBeats News, October 28th, the official GoPlus announcement on social media stated that the x402 cross-chain protocol 402bridge was suspected of being stolen. The contract creator transferred ownership to an address starting with 0x2b8F, and then the new contract owner called the transferUserToken method in the contract to transfer all remaining USDC authorized by users' wallets.
Reportedly, due to the need to authorize USDC to the 402bridge contract before minting, over 200 users had their remaining USDC transferred away due to authorizing an excessive amount. The address starting with 0x2b8F9 transferred a total of 17693 USDC from users and then swapped the USDC for ETH, which was subsequently transferred across multiple chains to Arbitrum.
GoPlus recommends that users who participated in the project promptly revoke (0xed1AFc4DCfb39b9ab9d67f3f7f7d02803cEA9FC5) the relevant authorizations. Before authorizing, check if the authorization address is the official address of the project. Only authorize the required amount and avoid unlimited authorizations. Regularly check authorizations and revoke those that are no longer needed.
You may also like

Who is the true winner of the "Tokenization" narrative?

Moss: The Era of AI-Traded by Anyone | Project Introduction

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition

When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer

Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1

$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor

Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.

Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.

Is the Market Slump Still Making Millions a Day? Is pump.fun's Revenue Real?

Understanding x402 and MPP in One Article: The Two Paths of Agent Payments

Quick Look at the Latest 18 Graduation Projects from Alliance: Who's the Next Pump.fun?

It's not just the prediction market that profits from the Iraq War
Who is the true winner of the "Tokenization" narrative?
Moss: The Era of AI-Traded by Anyone | Project Introduction
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.