TechFlow reports on January 8, according to PeckShieldAlert monitoring, Orange Finance was hacked, resulting in approximately $787,000 worth of crypto assets stolen. Orange Finance has confirmed that the hacker has gained control of the admin address and upgraded the contract; the team is currently investigating the cause of the incident. The official team advises users to immediately cease interaction with the protocol and revoke all contract approvals related to Orange Finance to prevent further losses.
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