Real-world asset (RWA) re-staking protocol Zoth suffered an exploit leading to over $8.4 million in losses, leading the platform to put its site on maintenance mode.
On March 21, blockchain security firm Cyvers data-ct-non-breakable=”null” href=”https://x.com/CyversAlerts/status/1903021017460600885″ rel=”null” target=”null” text=”null” title=”null”>flagged a suspicious Zoth transaction. The security firm said that the protocol’s deployer wallet was compromised and that the attacker withdrew over $8.4 million in crypto assets.
The blockchain security firm said that within minutes, the stolen assets were converted into the DAI stablecoin and were transferred to a different…
