azteclabs

A potential vulnerability incident is being investigated by Aztec Labs, affecting a deprecated payment product, with approximately $2 million drained from an immutable smart contract 💸

The incident is related to a Stage 2 Rollup that was decommissioned in 2022, and Aztec Labs has stated that they do not hold the admin keys to this system and cannot control it. The team will provide further updates in due course.

Not financial advice. Manage your risk.

#AztecLabs #BlockchainSecurity #CryptoNews
👋

Aztec Connect Exploit Drains About $2.1 Million From Deprecated Contract

Attackers reportedly stole around $2.1 million from the deprecated Aztec Connect smart contract. Aztec Labs said it does not hold admin keys for the contract, meaning the team cannot pause, upgrade, or reverse the affected deployment.

#AztecConnect
#SmartContractExploit
#DeFiSecurity
#CryptoHack
#AztecLabs
$AZTEC
$SOL
$ETH