PANews reported on January 5th that, according to Cyvers Alerts, multiple suspicious transactions involving proxy contracts were detected on Arbitrum (ARB), withPANews reported on January 5th that, according to Cyvers Alerts, multiple suspicious transactions involving proxy contracts were detected on Arbitrum (ARB), with
Warning: Multiple suspicious transactions involving agency contracts have occurred on the ARB network, potentially resulting in losses of approximately $1.5 million.
PANews reported on January 5th that, according to Cyvers Alerts, multiple suspicious transactions involving proxy contracts were detected on Arbitrum (ARB), with an estimated loss of approximately $1.5 million. Preliminary analysis indicates that a single deployer of the USDGambit and TLP projects may have lost access to their accounts. The attacker then deployed a new contract and updated the proxy administrator (ProxyAdmin) privileges to gain control. The stolen funds were subsequently bridged to the Ethereum network and deposited into Tornado Cash.
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