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Attacks against Arbitrum apps accelerated, trying to tap the available liquidity. Ethical hackers saved $1.47M in funds from an attack that resembled a previous theft from Orange Protocol's smart contracts.

CryptoPolitan

White hat hackers save Arbitrum-based protocol from Orange Finance-style contract attack

Orange Finance locked its vaults and warned users not to attempt deposits or withdrawals, after a hacker gained access to its admin multisig wallet. An estimated $840,000 have been lost from stolen stablecoins and WETH.

Orange Finance warns that a hacker has compromised all its contracts on Arbitrum

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White hat hackers save Arbitrum-based protocol from Orange Finance-style contract attack

Orange Finance warns that a hacker has compromised all its contracts on Arbitrum