RWA Restaking Protocol Zoth Suffers $8.4M Exploit, Attacker Converts Funds to DAI

Description

Real-world assets (RWA) restaking protocol Zoth has fallen victim to a security breach, resulting in the loss of approximately $8.4 million in crypto assets. On March 21, the blockchain security firm Cyvers Alerts reported the incident, indicating a compromised deployer wallet as the root cause. ALERT Our system has detected a suspicious transaction involving @zothdotio . It appears that the protocol's deployer wallet has been compromised. 30 minutes ago, the proxy contract "USD0PPSubVaultUpgrad...