SwapNet Base Exploit: $13M USDC Drain via Approval Abuse and DeFi Insurance Coverage Crypto Insurance Claims & Payouts Exploit Coverage & Alerts SwapNet Base Exploit: $13M USDC Drain via Approval Abuse and DeFi Insurance Coverage Oliver Haines January 27, 2026 On January 26,2026, the DeFi world took another hit when SwapNet, a popular decentralized exchange aggregator on... Read More Read more about SwapNet Base Exploit: $13M USDC Drain via Approval Abuse and DeFi Insurance Coverage