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🚀 Moby Recommends Revoking Approvals to Ensure Asset Security

According to Odaily, the on-chain options protocol Moby has advised users to revoke approvals related to specific addresses to safeguard their assets. The addresses in question are PositionManager: 0xB03E14Eeb1a4B2F95a7e1CBe400BAec3E78d2a1F, SettleManager: 0xA62027C5edc68Abc52D3a3BbDd213Fa12457320B, sRewardRouterV2: 0x64e1faFA9e9d5F1a7431B886F5Fbff4052c5925d, and mRewardRouterV2: 0x6881E756EA3322AEAadE0267C2a7FcF2A887ee9A. Moby emphasized that these measures are precautionary to ensure wallet security and that efforts are underway to restore and maintain a stable and secure environment.

Previously, Beosin monitoring indicated a suspected private key leak at Moby, where hackers allegedly modified and executed contracts. They reportedly used the emergencyWithdrawERC20 function to extract 207 ETH, 3.7 BTC, and 1,470,191 USDC, totaling approximately $2.5 million.


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