Trusted Volumes Confirms $6.7M DeFi Resolver Exploit
Market maker TrustedVolumes confirmed a $6.7 million exploit, while 1inch clarified that its own protocols and user funds remain unaffected.Summary
TrustedVolumes, an independent market maker used by 1inch Fusion, has confirmed a security breach resulting in the loss of approximately $6.7 million in crypto assets. The stolen funds are currently held across three Ethereum addresses, and the company is seeking a resolution through potential bug bounty negotiations. Security firm Blockaid identified that the exploit targeted custom swap infrastructure managed by TrustedVolumes rather than the core 1inch protocol.
1inch and its co-founder, Sergej Kunz, have firmly denied involvement, stating that the platform's systems and user funds remain secure. They criticized reports linking 1inch to the breach as misleading, emphasizing that TrustedVolumes is an independent resolver used by many protocols. Security experts note that this incident, while distinct from previous attacks, underscores ongoing vulnerabilities in decentralized finance infrastructure and the necessity for better security oversight.
(Source：Cointelegraph)