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Another Day Another Crypto Hack: RWA Platform ZOTH Is Drained Of $8.85 Million

  • An RWA platform called Zoth, built on Ethereum, has suffered a hack resulting in a loss of $8.85 million.
  • The hack is believed to have occurred due to a compromised deployer wallet.
  • The attacker transferred $8.85 million worth of USD0++ stablecoin out of the platform before swapping it for DAI and then 4,223 ETH.
  • Zoth is working to resolve the security breach and will release a detailed report once the investigation is complete.

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