ZetaChain's GatewayEVM contract exploited for ~$300k in team funds; cross-chain transactions paused as precaution.
Security & Exploits ·
ZetaChain's GatewayEVM contract came under attack today, with the incident affecting internal team wallets rather than user holdings. The team reported that approximately $300,000 in funds were compromised before the attack vector was blocked.
In response, ZetaChain paused all cross-chain transactions as a protective measure while the team continues its investigation. The protocol operator stated that no user funds were impacted by the exploit and that the attack vector has been secured against further exploitation.
A detailed post-mortem will be released once the investigation concludes. The team is tracking the current operational status on its status page, and the scope of the investigation—including any broader implications for the protocol—remains to be determined.