#Moby is suspected of being stolen.#
Hot Topic Overview
Overview
On-chain options protocol Moby has reportedly been the victim of a hack, with the attacker exploiting a private key leak to modify and execute contracts, stealing approximately $2.5 million worth of digital assets, including ETH, BTC, and USDC. The Moby team has taken action, advising users to revoke any valid approval transactions with the relevant addresses, and is working to restore and maintain a stable, secure environment. The incident is still under investigation, and the exact losses and attack details have not yet been fully determined.
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 cryptocurrencies 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, secure environment, stating that these measures are precautionary, aimed at ensuring wallet safety.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Moby allegedly leaked its private key, allowing hackers to use the emergencyWithdrawERC20 function to extract approximately $2.5 million worth of cryptocurrency.
Moby is taking steps to protect user assets and recommends that users revoke valid approval transactions associated with specific addresses.
Moby is working to restore and maintain a stable and secure environment.
The Moby incident serves as a reminder that private key security is paramount, and any private key leak can lead to significant losses.