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Ethereum Exploited for $2.1M in Smart Contract

$2.1 Million Exploit on Deprecated Aztec Connect Platform

  • Aztec Connect was drained of approximately $2.1 million in crypto due to an exploit on its verification function.
  • The attack resulted in the theft of assets including 909 Ether (ETH) and around $270,000 Dai (DAI).
  • This incident is part of a larger trend, with over $44 million stolen from various exploits in June.
  • Aztec Labs confirmed that the exploit did not affect users or assets on the current Aztec network.
  • Aztec Connect was deprecated in March, with no admin keys held by Aztec Labs for upgrades or pauses.

The exploit highlights vulnerabilities within abandoned DeFi contracts, as evidenced by the attacker exploiting transaction verification mismatches on Ethereum. The incident serves as a reminder of ongoing risks associated with deprecated platforms.

In total, $2.1 million was siphoned from Aztec Connect’s smart contract, underscoring the persistent threat of exploits even in inactive systems.(Source)

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