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.