Bazaar Protocol On Blast Chain Suffers Attack, Losing 392 ETH

According to PANews, the Bazaar protocol on the Blast chain has been attacked, resulting in the theft of 392 Ethereum (ETH), valued at approximately $1.4 million. The attack was due to the Bazaar protocol's lack of an authority verification mechanism. The attacker's address has been identified as 0x3cf5B87726Af770c94494E886d2A69c42A203884. The stolen 392 ETH are currently dispersed between two wallet addresses. The first address is 0xfb72b2b32740dE44488db791d83125ce39a53d91, and the second address is 0xde4d48f64687888d112b653c8fab4f0f67c37dbb. The attack on the Bazaar protocol highlights the importance of robust security measures in the world of digital currencies. The lack of an authority verification mechanism in the Bazaar protocol made it vulnerable to such an attack. This incident serves as a reminder to other digital currency platforms to ensure their security protocols are up to date and robust enough to prevent similar incidents.