Ethereum’s ‘Create2’ Function Exploited in $60 Million Multi-target Crypto Heist
Security researchers have uncovered a sophisticated scheme where threat actors
have weaponized Ethereum's "Create2" function, leading to significant
cryptocurrency theft.
This malicious operation, exposed by Scam Sniffer Web3 anti-scam specialists,
has caused nearly 100,000 victims a combined loss of about $60 million over a
six-month period.
Understanding ‘Create2’ and Its Vulnerabilities
The Ethereum network's "Constantinople" upgrade introduced the "Create2"
function, a successor to the or