#Arbitrum Contract Hacked, $2.5 Million Withdrawn#

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Overview

Recently, a contract on Arbitrum, 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41, was stolen, with approximately $2.5 million in assets extracted, including 1.47 million USDC, 3.7 WBTC, and 207 WETH. According to security firm CertiK Alert, the contract's management and deployment addresses were updated about 8 hours ago, followed by suspicious transactions that led to the theft. It is currently unclear how the attacker gained control of the contract and how the theft was carried out.

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Analysis

A contract on Arbitrum, 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41, has been stolen, with approximately $2.5 million in assets extracted. Security firm CertiK Alert posted on X platform that they detected suspicious transactions on the contract. About 8 hours ago, the contract's management and deployment addresses were updated, followed by the extraction of approximately $2.5 million in assets, including 1.47 million USDC, 3.7 WBTC, and 207 WETH. It is currently unclear how the attacker gained control of the contract and how they carried out the theft. This incident serves as a reminder that smart contract vulnerabilities remain a significant risk in the blockchain space, requiring developers and users to work together to enhance security awareness and prevent such incidents from occurring.

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A suspicious transaction occurred on Arbitrum contract 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41.

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Approximately $2.5 million worth of assets were withdrawn, including 1.47 million USDC, 3.7 WBTC, and 207 WETH.

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The administrator and deployment address have been updated.

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The event occurred approximately 8 hours ago.

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