ARCADIA FINANCE BREACHED — $1.6M STOLEN VIA REBALANCER TOOL

UNAUTHORIZED TRANSACTIONS DETECTED

USERS URGED TO REVOKE PERMISSIONS IMMEDIATELY

Arcadia Finance has confirmed a security breach involving its Rebalancer tool, resulting in $1.6M in losses on the Base chain, per CertiK.

The platform has issued an urgent advisory:

🔒 Revoke all Asset Manager permissions

❌ Disable any active Rebalancer

Attackers exploited vulnerabilities in user-configured smart contracts. Arcadia is currently investigating and collaborating with security teams.

Stay safe. Monitor your wallets.

#ArcadiaFinance #DeFiSecurity #CryptoAlert #BaseChain #CertiK