he approved $arb on the 0x59 contract - in order to sweep all the ARB out of the wallets by calling a function through the contract, rather than attempting to submit transactions individually. "these are 2400 wallets for which the hacker somehow accessed the seed phrase/private key. Per Arkham, the hacker did this to gain access to the ARB that would be airdropped into these wallets. Arbitrum wallets hacked!Īccording to Arkham intelligence, on Monday, a hacker was found to have transferred money to about 2,400 wallets, all linked to the upcoming Arbitrum ARB token launch. However, per evidence, this altcoin might just have become the first crypto token to be hacked even before its launch. Arbitrum’s ARB token is set to be launched on March 23, with estimations placing it under or around $1.Īrbitrum is the biggest thing in the crypto space at the moment as the Decentralised Exchanges (DEX) prepares to launch its native token, ARB.The hacker then went on to transfer money to 2,400 wallets.
Arkham Intelligence reports that in the last 24 hours, a hacker falsely approved the ARB airdrop.
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