
TrustedVolumes Bleeds $6M in 1inch-Linked Exploit: P2P Merchants Watch Spreads
Another $6 million vanished from TrustedVolumes in a hack traced back to a previous 1inch exploit. This isn't just DeFi drama; it's a tremor that could shake P2P liquidity.
$6 MILLION GONE IN A FLASH.
TrustedVolumes just got rinsed for nearly $6 million, proving DeFi is still a rigged casino for the unwary.
This exploit is tied directly to their RFQ swap proxy, a chain reaction from a past 1inch Fusion hack that’s now costing users big.
Blockaid confirmed the attacker’s link to the earlier 1inch incident, showing these hacks leave a digital breadcrumb trail for those paying attention.
For Binance P2P and Bybit P2P merchants, this means increased caution. Any instability in the broader DeFi ecosystem can spook liquidity, potentially widening spreads as risk premiums climb.
Expect more P2P volatility as these DeFi cracks widen; stay sharp or get liquidated.