Incident Overview
The Arbitrum ecological project Jimbos Protocol was attacked, and about 4,090 ETH were stolen (about $7.5 million). This attack was due to the lack of slippage control on the liquidity transfer operation, which resulted in the protocol owned liquidity being invested in a skewed/imbalanced price range, which was used in reverse swaps for profit.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.