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$2M stolen from abandoned Aztec Connect Ethereum contract after 3 years of inactivity

Market News
15 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

An old Aztec Connect smart contract on Ethereum, inactive since 2023, was exploited on June 14, 2026, resulting in a loss of about $2.1 million in ETH, DAI, and wstETH. The contract was immutable after Aztec Labs renounced admin keys, preventing any fixes or intervention. The exploit exploited a flaw in verification logic, but it did not affect the current Aztec Network or its token. This incident highlights risks in DeFi when funds remain in deprecated contracts without upgrade or rescue options, urging investors to check for stranded assets in old protocols.

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Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

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Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

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US to impose 25% tariff on Brazilian ethanol next week, citing unfair trade practices

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Alibaba and Baidu shares rise as Apple integrates their AI tools in China

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