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A security defect in an intelligent contract allowed a Atacker to steal $ 5 million from the Decentralized Exchange aggregator (DEX) 1 inch
1 inch
$ 0.2236
The gap Directed resolgent—Antities responsible for executing operations. 1 inch detected vulnerability on March 5, identifying that the problem It arose from the old Mushroom V1 implementation. The platform publicly revealed the problem in a March 6 Publication in X.
For March 7, Slowmist, a Blockchain security firm, confirmed in an X publication“According to our analysis, this incident resulted in a loss of 2.4 million coins of USD
USDC
$ 1.00
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While the stolen funds belonged to solutions that executed obsolete contracts, 1 inch assured that The assets of individual users remained intact. “No end user funds was at risk, only soluckers who used Fusion V1 in their own contracts,” the platform said.
In response to the incident, the platform urged all the solutions to review and update their contracts:
We are actively working with the affected resolved to ensure their systems. We urge all the solucers to audit and update their contracts immediately.
To avoid similar feats, 1 inch Introduced error reward programs Identify security gaps and explore ways to recover stolen assets.
On February 12, Zklend, a decentralized loan protocol in Starknet, lost $ 4.9 million in a security violation. How did computer pirates achieved? Read the full story.
Having completed a master’s degree in economics, politics and cultures of the Oriental Asia region, Aaron has written scientific documents that analyze the differences between Western and collective capitalism forms in the era after World War II.
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