ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit

Did ZetaChain ignore a bug report that could have prevented $334K exploit?

DeFi hacks have hit $629 million April, the highest monthly losses in over a year.

ZetaChain Confirms Attack on Platform, Says No User Funds Were Affected

ZetaChain said attackers exploited a cross-chain loophole on the network last Monday. The network confirmed that users’ funds remained safe despite a $334,000 loss. The attacker aligned 3 issues in the cross-chain messaging system to exploit ZetaChain. Layer 1 network ZetaChain officially confirmed a targeted exploit on its platform involving deliberate preparation, including Tornado Cash funding and wallet address spoofing. $334,000 Stolen Acro…

ZetaChain Confirms Vulnerability in Cross‑Chain Messaging After GatewayEVM Attack

TL;DR: ZetaChain identified three vulnerabilities in its cross-chain messaging system that allowed an attacker to drain $333,868. The losses, spread across nine transactions on four networks, only affected internal team wallets and not user funds. The exploit was premeditated: the attacker used Tornado Cash three days prior to conceal the origin of funds and executed an address poisoning attack. The April 24 exploit against ZetaChain exposed th…

ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit

The vulnerability behind ZetaChain's $334,000 exploit had been reported through its bug bounty program before the attack but was dismissed.

ZetaChain admits overlooking bug bounty report before $334K exploit

ZetaChain has acknowledged that a vulnerability behind its recent exploit had already been reported through its bug bounty program, but was treated as expected behavior. According to ZetaChain’s post-mortem published Wednesday, the incident has triggered an internal review of how…