#Arbitrum Contract Hacked, $2.5 Million Withdrawn#

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Hot Topic Overview

Overview

A suspicious transaction involving contract 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41 on Arbitrum has resulted in the extraction of approximately $2.5 million in assets. The incident occurred about 8 hours ago, where the attacker updated the contract's management and deployment addresses, exploiting the new permissions to extract assets including 1.47 million USDC, 3.7 WBTC, and 207 WETH. The incident is currently under investigation, and the attacker's identity and modus operandi remain unknown.

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Analysis

A contract on Arbitrum, 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41, has been stolen, with approximately $2.5 million in assets extracted. According to CertiK Alert, about 8 hours ago, the contract's management and deployment addresses were updated, followed by the extraction of approximately 1.47 million USDC, 3.7 WBTC, and 207 WETH. The specific cause and method of this theft are currently unknown, but the incident has raised concerns about the security of Arbitrum.

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Arbitrum

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contract

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0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41

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suspicious

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transaction

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approximately

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2.5

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million

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USD

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assets

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extracted

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including

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1.47

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million

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USDC

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3.7

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WBTC

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and

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207

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WETH

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administrator

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and

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deployment

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address

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updated

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event

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occurred

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approximately

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8

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hours

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ago

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