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Coin Edition 2023-05-28 08:49:00

Arbitrum Liquidity Protocol Jimbos Hacked, 4k ETH Worth $7.5M Stolen

Jimbos suffers a cyber attack, losing $7.5 million worth of ETH. Jimbos’ native token plummeted by over 40% within six hours following the breach. The hack resulted from a flaw in the protocol’s slippage control mechanism. In a shocking turn of events, the popular Arbitrum liquidity protocol, Jimbos, fell victim to a suspected cyber attack The post Arbitrum Liquidity Protocol Jimbos Hacked, 4k ETH Worth $7.5M Stolen appeared first on Coin Edition .

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