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