This is the second Zoth exploit in two weeks, following a $285,000 theft on March 6 by an attacker who took advantage of a bug in one of the platform's smart contracts.
Zoth hacked for nearly $8.3 million, second theft in two weeks
RWA restaking platform Zoth suffered a $8.29 million hack after an attacker gained access to admin privileges that allowed them to modify the platform's smart contracts. The hacker "upgraded" the contract to a malicious version, then withdrew $8.45 million in USD0++, a token issued by the Usual protocol. After swapping the assets into various other tokens, they were left with 4,223 ETH (~$8.29 million).
Zoth RWA restaking platform hacked
Zoth, a restaking platform for "real world assets" (or RWAs), was hacked for around $285,000 when an exploiter discovered a bug in the platform's collateral calculations. This allowed them to mint ZeUSD, the platform's stablecoin token, without depositing sufficient collateral.
- "Zoth Hack Analysis", SolidityScan