Cyvers detects suspicious transactions on the ARB network, approximately $1.5 million stolen

Cyvers announced the detection of multiple suspicious transactions on the ARB network, involving a proxy contract and resulting in a loss of approximately $1.5 million. Preliminary analysis indicates that a single deployer of the USDG and TLP projects may have lost account access, with the attacker deploying a new contract and updating ProxyAdmin permissions to take control of the account. The stolen funds were subsequently transferred to the ETH network and deposited into TornadoCash.