🚨 Breaking News: Arcadia Finance Hit by $1.6M Exploit — Urgent User Warning
#ArcadiaFinance #CryptoSecurity #BaseChain #Web3Alert
According to PANews, Arcadia Finance has announced on its official X account that it has detected unauthorized transactions carried out by attackers using the Rebalancer tool.
🔴 The team has issued an urgent warning for all users:
Revoke all Asset Manager permissions immediately
Deactivate any active Rebalancer tools
This follows an earlier CertiK Alert, which flagged multiple suspicious transactions on the Base chain, estimating the attacker made off with approximately $BTC
1
.6 million.