Most of the funds have been returned after 1inch was hacked, and the two sides reached a vulnerability reward agreement."
According to Internet reports, according to Decurity's post-event report, after negotiating with the hackers, most of the US$5 million in funds stolen by the attack had been returned, and the hackers kept part of it as a loophole bounty. The attack originated from a vulnerability in the Fusion v1 smart contract. The main affected were the use of outdated versions of the parser, and the funds of ordinary users were not affected. According to Odaily's previous report, 1inch discovered a vulnerability in the Fusion v1 smart contract on March 5, which hackers used to steal funds. 1inch has called on relevant parsers to immediately conduct audits and update contracts to prevent similar incidents from happening again.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.