PANews|Jul 15, 2026 01:13
[Alert: Token Authorization Risk in BarnBridge Smart Yield Old Proposals, Users Advised to Revoke Related Authorizations]
According to a community alert issued by Blockaid, the old governance proposals (14 and 15) of BarnBridge Smart Yield pose token authorization risks. If maliciously executed or upgraded, they could compromise existing token authorizations. Currently, there is no confirmation of funds being taken, but users are advised to promptly check and revoke related authorizations on Ethereum. Proposal 14 is in the executable grace period, while Proposal 15 is queued, with an estimated on-chain execution time of July 16 at 09:23:58 UTC. Affected tokens include USDC, DAI, USDT, GUSD, and RAI, and the relevant contract addresses have been publicly disclosed. Blockaid reminds users to use trusted authorization management tools, avoid clicking links or trusting accounts claiming to "support" in replies, and refrain from sending funds or signing transfers to any address. Only revoke authorizations through trusted tools.
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