TechFlow news: Chronos, an AMM protocol in the Arbitrum ecosystem, has announced that its concentrated liquidity pools managed by Dyson were exploited in an attack similar to the Gamma vulnerability.
To ensure user safety, Chronos strongly recommends that all users revoke approvals associated with these liquidity pool contracts.
Notably, this incident only affects the concentrated liquidity pools; all other V2 liquidity pools remain secure and unaffected, with funds protected.
Currently, Chronos is working closely with all relevant parties and security experts to address this security incident and will provide updates as they become available.
Chronos also reminds users to stay vigilant and avoid clicking on suspicious links from unofficial accounts, and thanks the community for their understanding and patience while resolving this issue.
