Arbitrum-based decentralized cryptocurrency exchange (DEX) ArbiSwap has suffered a “rug pull” attack. As a result of the attack worth 85 Ethereum (ETH), the local token ARBI was virtually reset.
On-chain security firm PeckShieldAlertDEX ArbiSwap earlier today rug pull He declared that he had been attacked. According to the first allegations, the attack was carried out by the developers within the team. Approximately 140 thousand dollars worth 85 EthereumEther mixer so that assets cannot be tracked in the attack where . Tornado Cash used.
After the liquidity pools were severely drained due to the attack, the ARBI price dropped rapidly to almost zero.
exchange to withdraw user funds to their own wallets. attackers making changes to their smart contractswhich includes all stolen funds”pool2He targeted the pool named ”.
As the first step of the rug pull move, the attackers ARBI worth 1 trillion pressed and this existence USDC Tried converting with . This is seen as the reason for the sudden and epic decline in the ARBI/USDC parity.
On the other hand, despite the attack, the exchange’s first liquidity contract, 0x..392B4It was stated that he was safe. By interacting with the contract, users who have assets in the contract in question Prevention of another possible attack to revoke all permissions and destroy their existence. They have to pull through ArbiSwap.
CoinGecko according to the data before the attack 1.3 dollars ARBI, positioned in the band, after the rug pull falling 100% For $0.000000009280 tensed, in other words, it was reset.