March 9, 2025
Vulnerability in an outdated smart contract 1inch has led to a loss of $ 5 million thumbnail
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Vulnerability in an outdated smart contract 1inch has led to a loss of $ 5 million

On March 5, the 1inch team showed vulnerability in an outdated smart contract Fusion V1. The error has led to a loss of 2.4 million USDT and 1276 Weth (~ $ 2.7 million), according to SLOWMIST. Accorging to Our Analysis, This Incident Resulted in A Loss of 2.4 Million $ USDC and 1276 $ WET, TOTALING OVER $ 5 Million. – Slowmist (@slowmist_team) March 7, 2025 Analysts recorded suspicious transactions, […]”, – WRITE: Businessua.com.ua

Vulnerability in outdated smart contract 1inch led to a loss of $ 5 million - Infbusiness

On March 5, the 1inch team showed vulnerability in an outdated smart contract Fusion V1. The error has led to a loss of 2.4 million USDT and 1276 Weth (~ $ 2.7 million), according to SLOWMIST.

Accorging to Our Analysis, This Incident Resulted in A Loss of 2.4 Million $ USDC and 1276 $ WET, TOTALING OVER $ 5 Million.

– Slowmist (@slowmist_team) March 7, 2025

Analysts recorded suspicious transactions related to the platform of the same day.

1inch representatives stated that the final users were not injured. The incident only affected the parsers who use Fusion V1.

We’re Actvely Working with Affected Resolvers to Secure their Systems.we Urge All Resolvers to Audit and Update Their Contracts Immediatily. For More Details and Bug Bounty Info (Inc. Funds Return), Visit: https://t.co/obldwf2c6w

– 1inch (@1inch) March 6, 2025

“We are actively working with the affected parties to protect their systems. We urge all developers to check their contracts and update them, ”the warning says.

To receive detailed information or rewards for refunds, the project suggested that you contact the official site.

We will remind, in February the industry lost $ 1.53 billion, Immunefi experts reported. This is due to the BYBIT breakdown of almost $ 1.5 billion.

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