#Moby is suspected of being stolen.#
Hot Topic Overview
Overview
On-chain options protocol Moby has reportedly been hacked, with the attacker exploiting a private key leak vulnerability to modify the execution contract and use the emergencyWithdrawERC20 function to extract approximately $2.5 million worth of cryptocurrency, including 207 ETH, 3.7 BTC, and 1,470,191 USDC. The Moby team has issued an announcement advising users to revoke valid approval transactions associated with multiple addresses to ensure asset security, and stated that they are working to restore and maintain a stable and secure environment.
Ace Hot Topic Analysis
Analysis
On-chain options protocol Moby has reportedly suffered a private key leak, with hackers exploiting the leaked key to modify and execute contracts, extracting approximately $2.5 million worth of cryptocurrency, including 207 ETH, 3.7 BTC, and 1,470,191 USDC, through the emergencyWithdrawERC20 function. Moby has responded to the incident, advising users to revoke valid approval transactions associated with multiple addresses to ensure asset security. Moby stated that these measures are preventative and that they are working to restore and maintain a stable and secure environment. Currently, the specific details of the incident and the identity of the hackers have not been disclosed. Moby is actively investigating the incident and taking steps to protect user assets.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Moby allegedly leaked private keys, leading to hackers stealing approximately $2.5 million in assets.
Hackers used the emergencyWithdrawERC20 function to extract ETH, BTC, and USDC.
Moby recommends users revoke valid approval transactions associated with multiple addresses to ensure asset security.
Moby is working to restore and maintain a stable and secure environment.