Security firm CertiK has flagged a suspicious transaction that drained roughly $2.19 million from the Aztec Connect Router contract, with the attacker’s wallet identified as 0x0f18d8b44a740272f0be4d08338d2b165b7edd17. The protocol in question was shut down three years ago, but the contracts were still sitting on-chain, and the funds inside them were still there. Aztec Connect was A Privacy Rollup To understand what happened here, some context matters. Aztec Connect was a privacy-focused zkRollup built on Ethereum, designed to allow users to interact with DeFi protocols with a degree of on-chain anonymity. It was a real product with real users but Aztec Labs
The post Attacker Drains $2.1 Million From Deprecated Aztec Connect Contracts in Ethereum Exploit appeared first on The Merkle News.
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Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum, allowing individuals and organizations to transact privately. Aztec Raises […]
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The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, […]
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On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower fees.” Boba Network Integrates With the Avalanche PoS Blockchain Boba Network, the layer two (L2) […]
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Aztec 2.0 is both a scaling and a privacy solution rolled into one.
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