Over 1M Arbitrum tokens lost to phishing attack


CoinDesk Consensus

Two malicious players have stolen over one million Arbitrum (ARB) tokens, blockchain security firm Pecshield reported on March 31.

according to reportthe exploit-connected wallet ‘0xbd4E’ converted 933,375 ARB to 713 We issued $1.27 million worth of Ethereum (ETH) and bridged these tokens to the Ether mainnet.

another wallet ‘0x7AFd’ stole 105,000 ARB tokens — Transferred ill-gotten wealth to two new addresses — ‘0xC4cf’ and ‘0xB209’.

At the time of writing, it was unknown if the two wallets were connected to the same user.

Meanwhile, on-chain investigator Lookonchain accidentally tagged Wallet “0xbd4E” as a “super airdrop hunter”.victim henry Said They lost 7250 ARB tokens to hackers.

Another Blockchain Security Company Certik report A phishing site promoted by a fake Arbitrum Twitter account. March 25, Certik Said A fake phishing link was posted on Arbitrum’s official Discord server.

Does Upbit Amass ARBs?

On the other hand, the web3 knowledge protocol 0xScope report An Externally Owned Account (EOA) suspected of being UPbit has collected a “massive” ARB in the past day.

According to onchain datathe wallet currently holds 59 million tokens worth $84.4 million.

If 0xScope’s assumptions are correct, the Korean exchange holds the second largest amount of ARB tokens after Binance.

Bankrupt Alameda Claims Over 33,000 ARB Tokens

A crypto wallet connected to bankrupt crypto firm Alameda Research claimed 33,125 ARB tokens, according to Arkham Intelligence. $45,000 worth From the airdrop on March 23rd.

Arkham murmured one of the bankrupt company’s accounts —”0xc5e” Received maximum allocation of 10250 ARBs. Four other accounts received between 2,125 and 8,750 tokens.

Alameda Research Arbitrum Token
Source: Arkham Intelligence

After going bankrupt in November 2022, the company’s administrators have been merging the bankrupt company’s assets from various on-chain sources into a single wallet.

Arbitrum price 3% down

ARB is trading at $, down 2.72% over the last 24 hours1.35141 press time now, according to crypto slate data.

Arbitrum price-performance ratio
Source: Trading View

The Layer 2 Network Token experienced a major sell-off after its March 23rd launch, but its price has started to stabilize in the last few days.

The token ranks among the top 40 digital assets by market capitalization with a valuation of $1.7 billion. crypto slate data.

Meanwhile, networks remain the most popular Layer 2 solution, with over $6 billion in assets locked up. L2 beat.

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