#Arbitrum Contract Hacked, $2.5 Million Withdrawn#

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Overview

Recently, a suspicious transaction occurred on Arbitrum involving contract 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41, resulting in the withdrawal of approximately $2.5 million in assets, including 1.47 million USDC, 3.7 WBTC, and 207 WETH. According to CertiK Alert, the contract's administrator and deployment address were updated about 8 hours ago, followed by the fund withdrawal. The specific cause and responsible party for this incident remain unclear, but it serves as a reminder that smart contract security issues continue to be a significant challenge in the blockchain space.

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Analysis

A suspicious transaction occurred on Arbitrum involving contract 0x9e34F79E39AddB64f4874203066fFDdD6Ab63a41, resulting in the extraction of approximately $2.5 million in assets. According to CertiK Alert, the contract's management and deployment addresses were updated about 8 hours ago, followed by the extraction of approximately 1.47 million USDC, 3.7 WBTC, and 207 WETH. It is currently unclear whether this incident was a hack or an inside job, but it has raised concerns about Arbitrum's security.

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Approximately $2.5 million in assets have been withdrawn, including 1.47 million USDC, 3.7 WBTC, and 207 WETH.

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The event occurred about 8 hours ago.

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