#Moby is suspected of being stolen.#

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On-chain options protocol Moby has reportedly suffered a private key leak, with hackers exploiting the vulnerability to extract approximately $2.5 million worth of cryptocurrency. The Moby team has issued an announcement advising users to revoke valid approval transactions associated with multiple addresses to ensure asset security. Currently, Moby is working to restore and maintain a stable and secure environment.

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On-chain options protocol Moby has reportedly suffered a private key leak, with hackers exploiting the vulnerability to extract approximately $2.5 million worth of cryptocurrencies, including ETH, BTC, and USDC. Following the incident, the Moby team swiftly took action, advising users to revoke valid approval transactions associated with multiple addresses to ensure asset security. Currently, Moby is working diligently to restore and maintain a stable and secure environment. This event serves as a stark reminder to users of the paramount importance of private key security, as any compromise can lead to significant losses.

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Moby allegedly leaked private keys, leading to hackers stealing approximately $2.5 million in assets.

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Hackers used the emergencyWithdrawERC20 function to extract ETH, BTC, and USDC.

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Moby recommends users revoke valid approval transactions associated with multiple addresses to ensure asset security.

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Moby is working to restore and maintain a stable and secure environment.

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