1inch hit by $5 million exploit in outdated smart contract

Blockchain security firm SlowMist has reported that DeFi aggregator 1inch suffered an exploit in its resolver smart contract, resulting in losses exceeding $5 million. On March 7, SlowMist founder ...

By · · 1 min read
1inch hit by $5 million exploit in outdated smart contract

Source: CryptoSlate

Blockchain security firm SlowMist has reported that DeFi aggregator 1inch suffered an exploit in its resolver smart contract, resulting in losses exceeding $5 million. On March 7, SlowMist founder Yu Xian revealed that attackers drained approximately 2.4 million USDC and 1,276 Wrapped Ethereum (WETH) from the affected smart contract. He clarified that regular users were […]