CDS Crypto News zkSync DEX Merlin Reportedly Hacked for $1.82 Million Immediately After Code Audit
Crypto News

zkSync DEX Merlin Reportedly Hacked for $1.82 Million Immediately After Code Audit

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Breaking: Zksync Dex Merlin Reportedly Hacked For $1.82 Million Immediately After Code Audit

Decentralized exchange Merlin was reportedly hacked immediately after receiving a code audit.

zkSync DEX Merlin Reportedly Hacked for $1.82 Million Immediately After Code Audit

Merlin, a decentralized exchange that uses zkSync technology, was hacked for more than $1.82 million shortly after receiving a code audit from Certik, a smart-contract auditor.

Breaking: Zksync Dex Merlin Reportedly Hacked For $1.82 Million Immediately After Code Audit

Certik is investigating the incident and initial findings suggest a potential issue with private key management, rather than a code exploit. Meanwhile, eZKalibur, another decentralized exchange using zkSync, has identified the malicious code responsible for draining the funds and has questioned the quality of Certik‘s audit.

Breaking: Zksync Dex Merlin Reportedly Hacked For $1.82 Million Immediately After Code Audit

Some experts believe that the risk of a rug pull should have been highlighted in the audit report. Merlin developers have advised users to revoke wallet permissions connected to its website and are analyzing the exploit.

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References

news.coincu.com

Written by
Aziz KARTAL

Aziz Kartal is 21 years old. He is a student at the Gazi University, Department of Electrical and Electronical Engineering. He works as content writer, researcher and social media manager. He generally research about Web3, Blockchain Security and Cybersecurity.

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