#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 leaked key to modify and execute contracts, extracting approximately $2.5 million worth of cryptocurrency through the emergencyWithdrawERC20 function. This includes 207 ETH, 3.7 BTC, and 1,470,191 USDC. The Moby team has issued an announcement advising users to revoke any valid approval transactions associated with four specific addresses to ensure asset security. Currently, Moby is working to restore and maintain a stable and secure environment. This incident has raised concerns about on-chain security and serves as a reminder for users to exercise caution when using on-chain protocols and take timely security measures to protect their assets.

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Moby allegedly leaked its private key, and hackers used the emergencyWithdrawERC20 function to extract approximately $2.5 million worth of cryptocurrency.

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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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The Moby incident reminds users of the importance of private key security and recommends taking steps to protect their assets.

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