We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: RWA platform Zoth suffers second hack this month — loses $8.4M
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Crypto & Web 3 > RWA platform Zoth suffers second hack this month — loses $8.4M
Crypto & Web 3

RWA platform Zoth suffers second hack this month — loses $8.4M

By Editorial Board Published March 21, 2025 1 Min Read
Share
RWA platform Zoth suffers second hack this month — loses .4M

Zoth, a real-world asset (RWA) restaking layer, has been hacked for $8.4 million of staked USD0++ after somebody tampered with its proxy contract. 

The hacker then withdrew $8.45 million value of USD0++ earlier than swapping it for DAI and again into ether (ETH), the place 4,223 ETH (value $8.29 million) presently sits.

Crypto analysts SlowMist additionally advised that Zoth “admin privileges” have been presumably leaked, resulting in somebody hacking Zoth by maliciously tampering with the logic contract.

Zoth was hacked earlier this month for $285,000 after attackers exploited a Uniswap V3 liquidity pool.

Zoth claims it’s investigating the incident whereas trying to resolve the difficulty and can launch an in depth report afterward. The agency permits RWAs to be transformed into collateralized debt positions and ZeUSD tokens which might be backed by the RWA.

When contacted for remark, Zoth instructed Protos:

“Our group is actively investigating the state of affairs alongside our safety companions. Whereas we perceive the priority, we wish to guarantee you that we’re taking each needed measure to mitigate the affect and resolve the difficulty.

“We believe in transparency and will be sharing an official statement once we have concrete findings.”

TAGGED:8.4MhacklosesmonthplatformRWAsuffersZoth
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Daniel Naroditsky: Rival faces disciplinary motion for ‘bullying’ chess grandmaster earlier than his dying

Daniel Naroditsky: Rival faces disciplinary motion for ‘bullying’ chess grandmaster earlier than his dying

World
October 23, 2025
Mega Bankruptcies On The Rise | Economics

Mega Bankruptcies On The Rise | Economics

Companies with belongings exceeding $100 million are seeing a surge in closures and bankruptcies. Traits…

October 23, 2025
A pc scientist explains why cloud computing infrastructure must change after the AWS crash

A pc scientist explains why cloud computing infrastructure must change after the AWS crash

The world’s largest cloud computing platform, Amazon Internet Providers (AWS), skilled a serious outage that…

October 23, 2025
St. Clair Shores man sentenced to probation for double voting

St. Clair Shores man sentenced to probation for double voting

LANSING, Mich. (WLNS) -- A St. Clair Shores voter was sentenced to 6 months' delayed…

October 23, 2025
British man dies off coast of Melbourne after surfboard snaps

British man dies off coast of Melbourne after surfboard snaps

A British man had died off the coast of Melbourne after his surfboard snapped in…

October 23, 2025

YOU MAY ALSO LIKE

CHART: Technique’s BTC progress slows to multi-year low

Technique, the world’s largest bitcoin (BTC) treasury firm, is including cash at its slowest price in 5 years. To this…

Crypto & Web 3
October 22, 2025

CHART: Was Biden or Trump higher for bitcoin?

Donald Trump made being the candidate who supported Bitcoin an vital difficulty in his most up-to-date marketing campaign, displaying up…

Crypto & Web 3
October 22, 2025

Is Trezor’s ‘quantum-ready’ pockets a advertising stunt?

Customers on X aren’t offered on Trezor’s new “quantum-ready” pockets, claiming the time period is akin to a advertising stunt…

Crypto & Web 3
October 22, 2025

Might a hostile takeover be the top of the road for Nakamoto?

In a current Bloomberg interview, Nakamoto (NAKA) CEO David Bailey defined that bitcoin (BTC) treasury corporations have gotten ripe for…

Crypto & Web 3
October 22, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?