Cryip
  • Home
  • News
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
  • Events
No Result
View All Result
Cryip
  • Home
  • News
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
  • Events
No Result
View All Result
Cryip
No Result
View All Result
Home News Security & Hacks

Aztec Connect Exploit Drains $2.19M From Deprecated Protocol, Aztec Network Safe

A flaw in Aztec Connect's legacy RollupProcessorV3 contract allowed an attacker to bypass validation checks and withdraw over $2.19 million in ETH, DAI, and other assets from the deprecated protocol.

Saravana Kumar Mahendran by Saravana Kumar Mahendran
June 15, 2026 - Updated on June 16, 2026
in Security & Hacks
0 0
Aztec Connect Exploit Drains $2.19M From Deprecated Protocol, Aztec Network Safe

Created By cryip

Share on FacebookShare on Twitter
MakeCryipCryippreferred onGoogle

Aztec Labs has confirmed that an attacker exploited a vulnerability in its long-deprecated Aztec Connect protocol on Ethereum, draining approximately $2.19 million worth of digital assets on June 14, 2026.The incident occurred at approximately 12:26 UTC (block 25,315,715). The attacker, operating from the externally owned address 0x0f18…edd17 (previously funded via Tornado Cash), targeted the RollupProcessorV3 contract. The exploit comes amid a broader rise in smart contract attacks across the industry. Earlier this month, attackers exploited a hidden swap loophole in the ATM Token protocol on BNB Chain, resulting in the loss of approximately $243,500 and raising fresh concerns about overlooked contract vulnerabilities.

In a single sophisticated transaction, the exploiter executed unauthorized operations and withdrew 908.99 ETH (~$1.565 million), 270,513 DAI, 167.89 wstETH (~$357,000), along with smaller amounts of yvDAI, yvWETH, LUSD, and yvLUSD. Aztec Labs issued an official statement confirming the exploit and stressing that the affected system is completely separate from its current network. Security researchers responded rapidly CertiK flagged the suspicious transaction around 13:52 UTC.

We are investigating a potential exploit affecting Aztec Connect. ~$2.1m was transferred from the immutable smart contract in transaction:https://t.co/5WrfeR8bbJ

Aztec Connect was deprecated 3 years ago. Aztec Labs holds no admin keys or control over the system; it cannot be…

— Aztec Labs (@AztecLabs_) June 14, 2026

According to security analyses, the root cause was a critical mismatch in the processRollup() function of the RollupProcessorV3 contract. The zero-knowledge proof verification logic and the Layer-1 settlement logic handled transaction data differently. This allowed the attacker to craft a malicious rollup proof using the numRealTxs parameter mismatch, inserting unbacked balances and bypassing deposit, signature, and withdrawal validations. The attacker reportedly used 14 batched rollup IDs (13277 to 13290) to extract funds from the Aztec Connect Router contract. The immutable and unpausable nature of the deprecated contract made the proof validation bypass possible.

Similar security weaknesses have recently been observed elsewhere in the DeFi sector. In a separate incident on Solana, an exploit involving dormant Raydium AMM V3 liquidity pools enabled attackers to manipulate abandoned pools and extract more than $1.34 million in assets.

Related Story

Hacked SpaceXAI and Starlink Accounts Promote SCATMAN Token Before 73.7 ETH Sales

Hacked SpaceXAI and Starlink Accounts Promote SCATMAN Token Before 73.7 ETH Sales

July 13, 2026
Suspected Hedera DeFi Hack Moves $5.8 Million to Ethereum

Bonzo Lend Oracle Exploit Triggers Cross-Chain Fund Transfers on Hedera

July 11, 2026

The attack was executed through a specially crafted rollup submission that passed zk-proof verification while manipulating the transaction count processed by the settlement logic. As a result, the contract recognized balances that were never legitimately deposited, enabling the attacker to mint and withdraw assets from the protocol. The fraudulent rollup was finalized on-chain, after which the attacker transferred the extracted funds to attacker-controlled addresses through a series of transactions originating from the exploit transaction 0x074ec9…eeb1. The transaction effectively served as the entry point for the malicious rollup, triggering the proof-validation bypass and initiating the unauthorized fund withdrawals.

In its official statement on June 14, Aztec Labs clarified:

“Aztec Connect was deprecated 3 years ago. Aztec Labs holds no admin keys or control over the system; it cannot be paused or upgraded by us.”

The team strongly emphasized that this exploit has zero impact on the current Aztec Network, its active smart contracts, or the AZTEC token. Users were reminded that they had been advised multiple times in the past to withdraw funds from the legacy system.

AZTEC token
AZTEC token

The exploit has had minimal impact on the AZTEC token. According to CoinMarketCap, as of June 15, 2026, 05:33 AM UTC, AZTEC is trading at approximately $0.01586, with a 24-hour price increase of around 5.1% – 5.3%. The token reached a 24-hour high of $0.01711 and a low of $0.01584.

This incident is the latest example of attacks on “zombie contracts”, abandoned yet still funded legacy protocols that remain vulnerable long after official deprecation. Aztec Connect, originally launched in 2022 as a privacy-focused zk-rollup bridge, was deprecated in 2023. By 2024, all administrative controls had been relinquished.The event underscores key challenges in the blockchain space: ensuring complete end-to-end verification between proof systems and on-chain logic, maintaining rigorous security standards even for legacy upgrades, and executing clean deprecation with full fund migration.

The risks are not limited to legacy bridge protocols. Recent incidents such as the StablR exploit, which resulted in the unauthorized minting of millions of USDR and EURR tokens, demonstrate how flaws in token issuance and validation mechanisms can also threaten the stability of decentralized financial systems. Note on Recent Developments: The current Aztec Network continues to operate separately and has a planned fix for a critical bug in its Alpha v4 proving system scheduled for July 2026. Users have been advised to limit deposits until the upgrade is complete.

Disclaimer: Cryip is an independent media and research outlet providing news, data, and analysis on the cryptocurrency industry. Content is for informational and research purposes only and does not constitute financial, legal, tax, or investment advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. References to specific assets, platforms, or incidents are for journalistic purposes only and do not imply endorsement, and readers assume full responsibility for their decisions.
Tags: Crypto Hacks

Related Posts

Hacked SpaceXAI and Starlink Accounts Promote SCATMAN Token Before 73.7 ETH Sales
Security & Hacks

Hacked SpaceXAI and Starlink Accounts Promote SCATMAN Token Before 73.7 ETH Sales

by Saravana Kumar Mahendran
July 13, 2026

Promotional content related to the SCATMAN token appeared on the @SpaceXAI and @Starlink X accounts in mid-July 2026. On-chain analytics...

Read moreDetails
Suspected Hedera DeFi Hack Moves $5.8 Million to Ethereum

Bonzo Lend Oracle Exploit Triggers Cross-Chain Fund Transfers on Hedera

July 11, 2026
CodexField on BNB Chain Faces Rug Pull Allegations

BNB Chain Project CodexField Faces Rug Pull Claims After Abnormal Fund Transfers

July 10, 2026
Hackers Target Injective Wallet Keys Through Compromised npm Package

Malicious Injective SDK Package Targets Private Keys and Seed Phrases

July 10, 2026
Ethereum User Loses Nearly $1 Million USDT in Phishing Token Approval Exploit

Phishing Approval Drains 999K USDT From Ethereum Wallet

July 9, 2026
Ctrl Wallet to Permanently Shut Down

Ctrl Wallet to Permanently Shut Down on August 3 After Cardano Security Exploit

July 7, 2026
Trader Loses $2M After ETH Swap to LIT Routes Through AVAIL Pool

Trader Loses $2M After ETH Swap to LIT Routes Through AVAIL Pool

July 7, 2026
Next Post
Upcoming Crypto Token Unlocks $86.21M in Supply Across 31 Crypto Projects (June 15–21, 2026)

Upcoming Crypto Token Unlocks: $86.21M in Supply Across 31 Crypto Projects (June 15–21, 2026)

Bitbank Warns Polymarket Users of Account Suspensions Amid Gambling Concerns

Bitbank Warns Polymarket Users of Account Suspensions Amid Gambling Concerns

Recommended

  • All
  • News
Tether Leads $7 Million Funding Round in Pact Labs to Bring USA₮ Into U.S. Payroll Infrastructure

Tether Leads $7 Million Funding Round in Pact Labs to Bring USA₮ Into U.S. Payroll Infrastructure

July 14, 2026
Polymarket Partners With Blockchain.com to Roll Out Prediction Markets During World Cup Semifinals

Polymarket Partners With Blockchain.com to Roll Out Prediction Markets During World Cup Semifinals

July 14, 2026
UK Defers Capital Gains Tax on Crypto Lending and Liquidity Pools From 2027

UK Defers Capital Gains Tax on Crypto Lending and Liquidity Pools From 2027

July 14, 2026
South Korea Expands Blockchain Strategy With Tokenized Bond Pilot and Crypto Reforms

South Korea Expands Blockchain Strategy With Tokenized Bond Pilot and Crypto Reforms

July 14, 2026
Telegram t.me Domain Suspension Disrupts TON Ecosystem Access

Telegram t.me Domain Suspension Disrupts TON Ecosystem Access

July 14, 2026
Binance.US CEO Eyes 20% U.S. Crypto Market Share as Exchange Accelerates Comeback

Binance.US CEO Eyes 20% U.S. Crypto Market Share as Exchange Accelerates Comeback

July 14, 2026

US Government Transfers $288M in Bitcoin and Ether to Coinbase Prime From Multiple Seized Wallets

July 14, 2026
Bolivia Evaluates USDT Integration

Bolivia Evaluates USDT Integration Into National Payment System as Stablecoin Use Expands

July 13, 2026

Cryip focuses on crypto research and on-chain analysis, supported by coverage of markets, regulation, security events, and blockchain ecosystems.

Recent Posts

  • Coinbase Opens Registration to Chinese Users, but Trading Access Remains Unclear
  • Tether Leads $7 Million Funding Round in Pact Labs to Bring USA₮ Into U.S. Payroll Infrastructure
  • Polymarket Partners With Blockchain.com to Roll Out Prediction Markets During World Cup Semifinals

Categories

  • AI × Crypto
  • Data & Dashboards
  • DeFi Basics
  • Investing Basics
  • Market & Price
  • Market Updates
  • On-Chain Analysis
  • OpSec
  • Policy & Regulation
  • Post Mortems
  • Press Release
  • Reports
  • Scams & Fraud
  • Security & Hacks
  • Stablecoins
  • Tokenomics
  • VC & Funding
  • Wallets & Custody

Company

  • About Us
  • Contact Us
  • Editorial Standards & Integrity
  • Our Team
  • Privacy Policy
  • Review Methodology
  • Terms and Conditions
  • Trust, Disclosures & Independence

© 2026 Cryip - Research-Driven Crypto Analysis & News by Hashlays.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
  • Events

© 2026 Cryip - Research-Driven Crypto Analysis & News by Hashlays.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.