Arbitrum has recovered 8,426 ETH and 74.56 million ARB assets, worth a total of $30.25 million, stolen from Binance by hackers. Six months ago, Arbitrum had previously recovered and returned 30,766 ETH stored on the Arbitrum blockchain by hackers. (Ember)
The stolen Binance hot wallet, Binance 14, had its EIP-7702 authorization revoked at 8:10 AM today. Attackers exploited the EIP-7702 mechanism to force the Binance hot wallet to sign an authorization and delegate control to a malicious Sweeper contract, thereby gaining control of the wallet and transferring assets.
According to Specter monitoring, Arbitrum froze $30.5 million worth of ARB, and Paxos froze $215,700 worth of USDP, bringing the total frozen amount to $2.829 billion.
