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1inch suffers $5M hack due to smart contract vulnerability

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

1inch confirmed that some resolvers using outdated Fusion v1 contracts lost funds in the $5 million exploit, assuring that end-user assets remained safe.

Decentralized exchange aggregator 1inch lost $5 million in cryptocurrency when a hacker exploited a smart contract vulnerability, the platform confirmed.

On March 5, 1inch identified a vulnerability affecting resolvers — entities that fill orders — using the outdated Fusion v1 implementation, which was made public a day later.

Source: 1inch Network

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  • Coinbase revenue falls 10% in Q1, missing industry estimate
  • SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
  • Finally blast into space with Justin Sun, Vietnam’s new national blockchain: Asia Express
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