#Arbitrum Contract Hacked, $2.5 Million Withdrawn#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. According to CertiK Alert's monitoring, the contract's management and deployment addresses were updated 8 hours ago, followed by the extraction of approximately 1.47 million USDC, 3.7 WBTC, and 207 WETH. Currently, the incident is under investigation, and specific details have not been released.

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Analysis

A contract on Arbitrum, 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41, was stolen, with approximately $2.5 million in assets extracted. According to CertiK Alert's monitoring, 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 modus operandi of this incident are currently unknown, but it serves as a reminder that smart contract security remains a significant challenge in the blockchain space, necessitating enhanced auditing and security measures for contract code.

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A suspicious transaction occurred on Arbitrum for contract 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41.

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The administrator and deployment address have been updated.

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Approximately $2.5 million in assets were withdrawn, including 1.47 million USDC, 3.7 WBTC, and 207 WETH.

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The event occurred approximately 8 hours ago.

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