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The decentralized finance (DeFi) platform Zoth has experienced a severe security breach that has sent ripples of worry across the cryptocurrency sector. The breach, detected by the Cyber Alert System, appears to have resulted from a compromise of the protocols deployer wallet, which, in turn, was responsible for a very suspicious transaction that involved a [...]
Zoth, restaking protocol that received funds from borderless and blockchain founders fund, has been hacked. As a result of the leak, it was revealed that the firm lost $8.4 million in streaming assets. According to Cyvers Alerts, a protocol, the deployer wallet was hacked, and the funds began to be withdrawn due to suspicious transactions. […]
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