According to PeckShieldAlert, the Arcadia Finance platform has been hacked, resulting in a loss of approximately $2.5 million in cryptocurrency assets. The attacker has exchanged the stolen funds for approximately 840 ETH and transferred them from Base to the Ethereum network via a cross chain bridge.
Arcadia Finance announced on its official X account that the team has noticed attackers conducting unauthorized transactions through Rebalancer. The official urgently reminds users to immediately remove all Asset Manager permissions and remove all active Rebalancers.
Previously, CertiK Alert monitoring reported that Arcadia Finance had conducted multiple suspicious transactions on the Base chain, with attackers obtaining approximately $1.6 million in funds.