Aztec Labs suffers 2nd breach after fake rollup $2 million exploit
Technology
Aztec Labs just suffered its second security breach in a week. Hackers managed to grab $2 million by exploiting an old smart contract from a 2022 payment product, using a fake rollup proof.
SlowMist, the cybersecurity firm investigating, spotted how the attack happened.
Aztec Labs denies Aztec Connect link
Aztec Labs says it had no admin keys for the compromised contract and confirmed this hack is not linked to this week's $2.1 million incident with Aztec Connect.
With recent hacks, including Raydium's $1.3 million loss in June, experts like SlowMist are urging protocols to move away from legacy assets, warning that abandoned contracts holding user funds are easy targets for attackers.