Accused Kitchener hacker consents to extradition

Accused Kitchener hacker consents to extradition

Kitchener hacker Connor Riley Moucka consented to extradition to the U.S., where he faces several charges for one of the biggest data breaches in history. Moucka made a brief appearance at an extradition hearing in a Kitchener courtroom Friday, in front of Justice Ian Smith of the Superior Court of Justice. After telling the judge he understood the rights he was giving up by consenting to extradition, Moucka was removed from the prisoner’s box a…

Ethereum-based RWA protocol Zoth hacked second time in a month for $8.85 million

Zoth, an Ethereum-based platform focused on tokenized real-world assets, suffered a second major security breach in less than three weeks on March 21, with attackers draining $8.85 million in digital assets. The company confirmed the breach and is working with security experts to investigate the...

Real-world asset (RWA) re-staking protocol Zoth loses $8.4M to hackers

Zoth has lost $8.4M in a hack due to a compromised deployer wallet. Admin privilege leak is being blamed for the attack. The attacker swapped stolen USD0++ to DAI and ETH, evading tracking. Zoth, a real-world asset (RWA) re-staking protocol designed to bridge traditional finance with blockchain technology, has suffered an exploit that drained over $8.4 million in crypto assets. The incident, flagged by blockchain security firm Cyvers just after …

Devastating $8.85M Crypto Hack: Zoth Plunges into DeFi Security Crisis After Private Key Leak

In a chilling reminder of the ever-present dangers lurking in the decentralized finance (DeFi) space, yield infrastructure company Zoth has become the latest victim of a significant security breach. Blockchain security firm PeckShield alerted the crypto community via X (formerly Twitter) about a sta...

Zoth Targeted In Security Breach, $8.4M Withdrawn And Converted To DAI

Real-time security monitoring platform Cyvers Alerts identified a potentially malicious transaction involving the restaking layer for RWAFi Zoth, suggesting that the protocol’s deployer wallet may have been compromised.   According to the report, earlier today, the proxy contract “USD0PPSubVaultUpgradeable” was modified and upgraded to a contract linked to a suspicious address. Shortly after this change, an attacker withdrew approximately $8.4 m…

RWA Restaking Protocol Zoth Targeted by Hacker in $8.4 Million Theft

The recent Zoth exploit admin leak has led to substantial losses amounting to $8 million in the cryptocurrency market. This security breach has raised concerns among investors and experts alike. The exploit, which allowed unauthorized access to critical information, has highlighted the importance of robust cybersecurity measures in the digital asset space. With more than $8 million at stake, it is evident that vulnerabilities in security systems…