1inch identified a vulnerability in the old version of the Fusion v1 smart contract, which led to the theft of $5 million. The hacker stole 2.4 million USDC and 1,276 WETH, affecting only the resolver contracts using the vulnerable version. After negotiations with 1inch, the hacker returned most of the funds, keeping only the reward for discovering the vulnerability. The company urges developers to update the contracts to prevent similar incidents in the future. All information about the incident was provided to increase transparency and security in the crypto community.
3/12/2025 8:26:57 AM (GMT+1)
1inch recovers $5 million stolen after an attack on the old version of the Fusion v1 smart contract, the hacker returned the funds by agreement with the platform
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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