Crypto NewsAltcoinArbitrum (ARB) Based Altcoin Project Was Hacked, Price Dropped by 51 Percent!
AltcoinNews

Arbitrum (ARB) Based Altcoin Project Was Hacked, Price Dropped by 51 Percent!

PeckShield, Concentric. He announced that the project named fi was attacked.

Author: Elif Azra Güven
Update:
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Blockchain security company PeckShield, Arbitrum-based Concentric. The altcoin project named fi announced that it was attacked.

” Concentric.Fi reports that it is currently being hacked and abused.

“After this statement, its native token CONE fell 51 percent.”

Following the news of the attack, the price of the native token CONE dropped by 51%.

PeckShieldAlert stated that the attacker stole 1.72 million worth of cryptocurrencies and exchanged them for 716 Ethereum (ETH).

*This is not investment advice.

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