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Warning: Multiple suspicious transactions involving agency contracts have occurred on the ARB network, potentially resulting in losses of approximately $1.5 million. - CoinFeed
Time 09:20

Warning: Multiple suspicious transactions involving agency contracts have occurred on the ARB network, potentially resulting in losses of approximately $1.5 million.

January 5, 2026
CoinFeed News

Multiple suspicious transactions involving proxy contracts were detected on Arbitrum (ARB), estimated to have resulted in a loss of approximately $1.5 million. Initial analysis suggests that a single deployer of the USDGambit and TLP projects may have lost access to their accounts. Subsequently, the attacker deployed a new contract and updated the proxy administrator (ProxyAdmin) privileges to gain control. The stolen funds were then bridged to the Ethereum network and deposited into Tornado Cash.

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