Ethereum DeFi platform Zoth hit by 8.85 million USD hack

Zoth, an Ethereum DeFi platform, suffered a hack resulting in an 8.85 million USD loss. This incident, its second within a month, stemmed from a private key leak, showing persistent vulnerabilities in the platform’s security.

Zoth is currently investigating the breach alongside security partners. The company has not disclosed how the private key was accessed, raising concerns among investors about the safety of their deposits.

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