1inch: We have quickly resolved the recently discovered security vulnerabilities, and the security of user funds, applications and infrastructure are not affected
Odaily Odaily News According to official news, 1inch stated that on December 9, 2024, its team discovered a security vulnerability, and the attacker fraudulently obtained access to the private key of the owner of the 1inch Labs resolver smart contract. The attacker used this access to change the contract settings and transfer funds from the 1inch resolver. The team acted quickly to respond to the situation, revoked the stolen access rights, and enhanced the security of the protocol to prevent such incidents from happening again in the future. Because the 1inch protocol is non-custodial, user funds are safe. 1inch applications and infrastructure were not affected and remain completely secure.
