ChainCatcher reports that, according to CertiK monitoring, an unverified contract related to the decentralized exchange TMX was attacked on the Arbitrum network, resulting in a loss of approximately $1.4 million.
The hacker repeatedly executed a strategy involving minting and staking TMX LP with USDT, swapping USDT for USDG, unstaking, and selling more USDG, repeatedly depleting the contract’s USDT, wrapped SOL, and WETH assets.
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