TechFlow news, on January 6, 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 of minting and staking TMX LP with USDT, exchanging USDT for USDG, unstaking, and selling more USDG, repeating this process multiple times to deplete the USDT, wrapped SOL, and WETH assets in the contract.
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