The liquidity manager app Concentric has fallen victim to private key exploitation on the Arbitrum network. According to the post on their official X account, the protocol confirmed the incident, revealing that the security breach resulted from a targeted social engineering attack on one of its team members with access to the deployer wallet. This […] The post Concentric Confirms $1.6M Private Key Breach on Arbitrum Protocol appeared first on Cryptonews.
The liquidity manager app Concentric has fallen victim to private key exploitation on the Arbitrum network. According to the post on their official X account, the protocol confirmed the incident, revealing that the security breach resulted from a targeted social engineering attack on one of its team members with access to the deployer wallet. This […] The post Concentric Confirms $1.6M Private Key Breach on Arbitrum Protocol appeared first on Cryptonews.
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