According to Huoxing Finance, Aztec Labs, the developer of Ethereum’s privacy infrastructure, is investigating a security incident that may have affected the discontinued Aztec Connect protocol, with approximately $2.1 million in assets transferred out of the associated non-upgradable smart contracts. Aztec Connect was deprecated three years ago, and Aztec Labs does not hold administrative privileges or the ability to pause or upgrade the system. The team plans to disclose further updates on the investigation in due course.
Aztec Connect security incident involves $2.1 million transfer from smart contract
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Summary
Aztec Labs is investigating a potential breach associated with the former Aztec Connect protocol, where a smart contract vulnerability resulted in a $2.1 million asset transfer. The affected smart contract can no longer be upgraded or paused, as Aztec Connect was shut down three years ago and the team no longer holds control. The smart contract remains the focal point of the investigation, with further details expected to be shared later.
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