RWA platform Zoth suffers second hack this month — loses $8.4M
Zoth, a real-world asset (RWA) restaking layer, has been hacked for $8.4 million of staked USD0++ after someone tampered with its proxy contract. X user @0xtroll first spotted the exploit today. Blockchain security analyst Cyvers deduced that somebody using a suspicious address was able to tweak Zoth’s “USD0PPSubVaultUpgradeable” contract. The hacker then withdrew $8.45 million worth of USD0++ before swapping it for DAI and back into ether (ETH), where 4,223 ETH (worth $8.29 million) currently sits. SlowMist Security Alert We have detected that @zothdotio has been exploited, likely due to a leakage of Admin privileges, resulting in the logic contract being tampered with and replaced by a malicious contract. Btw, thanks to @0xtroll for the shout-out. As always, stay… pic.twitter.com/nQfHPYT2OV — SlowMist (@SlowMist_Team) March 21, 2025 Read more: ‘AI’ crypto trading agent, aixbt, hacked for $100K Crypto analysts SlowMist also suggested that Zoth...