Aztec probes $2m transfer from old payments product

Legacy Aztec Network contracts were drained of over $4M in three days. Attacks exploited flaws in zero-knowledge proof verification logic. The core Aztec network and AZTEC token were not affected by the exploits. Aztec’s legacy infrastructure has come under a coordinated wave of attacks, leading to losses that crossed $4 million within just three days. […] The post Aztec Network loses over $4 million in three days to two subsequent hacks appeared first on CoinJournal.

Security researchers warn that deprecated smart contracts can remain vulnerable long after projects stop maintaining them.

An attacker exploited a proof-verification flaw in Aztec Connect's abandoned RollupProcessorV3 contract to withdraw roughly $2.1 million, including 909 ETH, from a privacy bridge that Aztec Labs shut down three years ago and can no longer control.

Aztec Connect lost $2.1m after an old immutable smart contract was exploited, while Aztec Labs said the current network stayed safe from it.

Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. The deal preserves the iOS NFC scanner and Noir circuits.…

Aztec Labs has acquired Obsidion, the team behind ZKPassport, a zero-knowledge identity verification protocol that proves age and nationality without storing personal data on centralized servers.

Aztec's acquisition of Obsidion strengthens its privacy tech stack, potentially influencing regulatory landscapes and investor confidence in privacy-focused blockchain solutions. The post Aztec Labs acquires Obsidion, pledges to keep ZKPassport open-source appeared first on Crypto Briefing.

Aztec's rise in GitHub activity highlights growing developer interest in privacy-focused Layer 2 solutions, potentially influencing future innovations. The post Aztec tops Santiment’s GitHub activity rankings for Layer 2s appeared first on Crypto Briefing.