The cryptocurrency industry witnessed another massive security attack, with Jimbos, an Arbitrum-based protocol, being the latest victim. The suspected hack breached the liquidity protocol, resulting in enormous losses of around 4,000 Ethereum (ETH), worth around $7.5M. Meanwhile, blockchain security company PeckShield highlighted the exploit, revealing crucial protocol weaknesses. The firm tweeted that the significant losses The post Arbitrum liquidity protocol suffers massive hack as $7.5M vanishes overnight appeared first on Invezz .